diff --git a/devel/rubygem-opentelemetry-instrumentation-excon/Makefile b/devel/rubygem-opentelemetry-instrumentation-excon/Makefile
index 447b63f93ae8..86def10bea67 100644
--- a/devel/rubygem-opentelemetry-instrumentation-excon/Makefile
+++ b/devel/rubygem-opentelemetry-instrumentation-excon/Makefile
@@ -1,22 +1,22 @@
 PORTNAME=	opentelemetry-instrumentation-excon
-PORTVERSION=	0.22.5
+PORTVERSION=	0.23.0
 CATEGORIES=	devel rubygems
 MASTER_SITES=	RG
 
 MAINTAINER=	mfechner@FreeBSD.org
 COMMENT=	Excon instrumentation for the OpenTelemetry framework
 WWW=		https://opentelemetry.io/ \
 		https://github.com/open-telemetry/opentelemetry-ruby \
 		https://github.com/open-telemetry/opentelemetry-ruby-contrib/tree/main/instrumentation/excon
 
 LICENSE=	APACHE20
 LICENSE_FILE=	${WRKSRC}/LICENSE
 
 RUN_DEPENDS=	rubygem-opentelemetry-api>=1.0<2:devel/rubygem-opentelemetry-api \
-		rubygem-opentelemetry-instrumentation-base>=0.22.1<0.23:devel/rubygem-opentelemetry-instrumentation-base
+		rubygem-opentelemetry-instrumentation-base>=0.23.0<0.24:devel/rubygem-opentelemetry-instrumentation-base
 
 USES=		gem
 
 NO_ARCH=	yes
 
 .include <bsd.port.mk>
diff --git a/devel/rubygem-opentelemetry-instrumentation-excon/distinfo b/devel/rubygem-opentelemetry-instrumentation-excon/distinfo
index 0614a4b75d74..ed0debfce6f3 100644
--- a/devel/rubygem-opentelemetry-instrumentation-excon/distinfo
+++ b/devel/rubygem-opentelemetry-instrumentation-excon/distinfo
@@ -1,3 +1,3 @@
-TIMESTAMP = 1733770267
-SHA256 (rubygem/opentelemetry-instrumentation-excon-0.22.5.gem) = ec0f1b5b5a808e65d75bc3914c90108eba6c29dd6eb997c6de6ba3ffc3a989f4
-SIZE (rubygem/opentelemetry-instrumentation-excon-0.22.5.gem) = 12800
+TIMESTAMP = 1737272852
+SHA256 (rubygem/opentelemetry-instrumentation-excon-0.23.0.gem) = 3ae5c57a05457f3bfea796ef815d261df94ffc4a83e4b691128044185a8a3f07
+SIZE (rubygem/opentelemetry-instrumentation-excon-0.23.0.gem) = 13312