diff --git a/Chart.yaml b/Chart.yaml
index 6ca2fec..f22b989 100644
--- a/Chart.yaml
+++ b/Chart.yaml
@@ -3,7 +3,7 @@ name: gitea
 description: Gitea Helm chart for Kubernetes
 type: application
 version: 0.0.0
-appVersion: 1.17.4
+appVersion: 1.18.1
 icon: https://docs.gitea.io/images/gitea.png
 
 keywords:
diff --git a/README.md b/README.md
index a5c1ce6..34cf5b4 100644
--- a/README.md
+++ b/README.md
@@ -815,6 +815,10 @@ Please read them carefully to upgrade successfully.
 
 ### To 7.0.0
 
+#### Gitea 1.18.1
+
+This Chart version updates Gitea to 1.18.1. Don't miss any application related [breaking changes of 1.18.0](https://blog.gitea.io/2022/12/gitea-1.18.0-is-released/#breaking-changes).
+
 #### Private GPG key configuration for Gitea signing actions
 
 Having `signing.enabled=true` now requires to use either `signing.privateKey` or `signing.existingSecret` so that the Chart can automatically prepare the GPG key for Gitea internal signing actions.