diff --git a/charts/ingress-nginx/CHANGELOG.md b/charts/ingress-nginx/CHANGELOG.md
index 6c3b1a6bb..5f957e3e5 100644
--- a/charts/ingress-nginx/CHANGELOG.md
+++ b/charts/ingress-nginx/CHANGELOG.md
@@ -2,7 +2,10 @@
 
 This file documents all notable changes to [ingress-nginx](https://github.com/kubernetes/ingress-nginx) Helm Chart. The release numbering uses [semantic versioning](http://semver.org).
 
-### Unreleased
+### 3.30.0
+
+- [#7092](https://github.com/kubernetes/ingress-nginx/pull/7092) Removes the possibility of using localhost in ExternalNames as endpoints
+
 
 ### 3.29.0
 
diff --git a/charts/ingress-nginx/Chart.yaml b/charts/ingress-nginx/Chart.yaml
index cf4974b35..78a682147 100644
--- a/charts/ingress-nginx/Chart.yaml
+++ b/charts/ingress-nginx/Chart.yaml
@@ -1,9 +1,9 @@
-apiVersion: v2
+piVersion: v2
 name: ingress-nginx
 # When the version is modified, make sure the artifacthub.io/changes list is updated
 # Also update CHANGELOG.md
-version: 3.29.0
-appVersion: 0.45.0
+version: 3.30.0
+appVersion: 0.46.0
 home: https://github.com/kubernetes/ingress-nginx
 description: Ingress controller for Kubernetes using NGINX as a reverse proxy and load balancer
 icon: https://upload.wikimedia.org/wikipedia/commons/thumb/c/c5/Nginx_logo.svg/500px-Nginx_logo.svg.png
@@ -21,4 +21,4 @@ annotations:
   # List of changes for the release in artifacthub.io
   # https://artifacthub.io/packages/helm/ingress-nginx/ingress-nginx?modal=changelog
   artifacthub.io/changes: |
-    - Add ability to specify jobLabel for ServiceMonitor
+    - Removes the possibility of using localhost in ExternalNames as endpoints
diff --git a/charts/ingress-nginx/values.yaml b/charts/ingress-nginx/values.yaml
index 9f4201b30..95726f236 100644
--- a/charts/ingress-nginx/values.yaml
+++ b/charts/ingress-nginx/values.yaml
@@ -11,7 +11,7 @@ controller:
   name: controller
   image:
     repository: k8s.gcr.io/ingress-nginx/controller
-    tag: "v0.45.0"
+    tag: "v0.46.0"
     digest: sha256:c4390c53f348c3bd4e60a5dd6a11c35799ae78c49388090140b9d72ccede1755
     pullPolicy: IfNotPresent
     # www-data -> uid 101