diff --git a/charts/gitops-runtime/Chart.yaml b/charts/gitops-runtime/Chart.yaml
index f9284efa..901f61ff 100644
--- a/charts/gitops-runtime/Chart.yaml
+++ b/charts/gitops-runtime/Chart.yaml
@@ -2,7 +2,7 @@ apiVersion: v2
 appVersion: 0.1.43
 description: A Helm chart for Codefresh gitops runtime
 name: gitops-runtime
-version: 0.5.0
+version: 0.5.1
 home: https://github.com/codefresh-io/gitops-runtime-helm
 icon: https://avatars1.githubusercontent.com/u/11412079?v=3
 keywords:
@@ -15,15 +15,17 @@ annotations:
   artifacthub.io/alternativeName: "codefresh-gitops-runtime"
   artifacthub.io/changes: |
     - kind: changed
-      description: "Update argoo-cd image to include rate limiter"
+      description: "update app-proxy image to 1.2696.0"
     - kind: changed
-      description: "Update argoo-cd chart to enable event-reporter 2.0 by default"
-    - kind: changed
-      description: "Enable event-reporter 2.0 by default runtime chart"
+      description: "jsonPath to application versions uses format with $ sign for root element"
+    - kind: fixed
+      description: "fix default version config"
+    - kind: fixed
+      description: "support better concurrency in argocd session manager"
 dependencies:
 - name: argo-cd
   repository: https://codefresh-io.github.io/argo-helm
-  version: 5.53.12-6-cap-2.9-2024.3.5-80c3e7225
+  version: 5.53.12-9-cap-2.9-2024.3.17-6fd9979e1
 - name: argo-events
   repository: https://codefresh-io.github.io/argo-helm
   version: 2.0.9-1-cap-CR-19893
diff --git a/charts/gitops-runtime/README.md b/charts/gitops-runtime/README.md
index ab089e4d..e8474181 100644
--- a/charts/gitops-runtime/README.md
+++ b/charts/gitops-runtime/README.md
@@ -1,5 +1,5 @@
 ## Codefresh gitops runtime
-![Version: 0.5.0](https://img.shields.io/badge/Version-0.5.0-informational?style=flat-square) ![AppVersion: 0.1.43](https://img.shields.io/badge/AppVersion-0.1.43-informational?style=flat-square)
+![Version: 0.5.1](https://img.shields.io/badge/Version-0.5.1-informational?style=flat-square) ![AppVersion: 0.1.43](https://img.shields.io/badge/AppVersion-0.1.43-informational?style=flat-square)
 
 ## Prerequisites
 
@@ -27,7 +27,7 @@ We have created a helper utility to resolve this issue:
 The utility is packaged in a container image. Below are instructions on executing the utility using Docker:
 
 ```
-docker run -v <output_dir>:/output quay.io/codefresh/gitops-runtime-private-registry-utils:0.5.0 <local_registry>
+docker run -v <output_dir>:/output quay.io/codefresh/gitops-runtime-private-registry-utils:0.5.1 <local_registry>
 ```
 `output_dir` - is a local directory where the utility will output files. <br>
 `local_registry` - is your local registry where you want to mirror the images to
@@ -100,14 +100,14 @@ sealed-secrets:
 | app-proxy.image-enrichment.serviceAccount.name | string | `"codefresh-image-enrichment-sa"` | Name of the service account to create or the name of the existing one to use |
 | app-proxy.image.pullPolicy | string | `"IfNotPresent"` |  |
 | app-proxy.image.repository | string | `"quay.io/codefresh/cap-app-proxy"` |  |
-| app-proxy.image.tag | string | `"1.2667.0"` |  |
+| app-proxy.image.tag | string | `"1.2696.0"` |  |
 | app-proxy.imagePullSecrets | list | `[]` |  |
 | app-proxy.initContainer.command[0] | string | `"./init.sh"` |  |
 | app-proxy.initContainer.env | object | `{}` |  |
 | app-proxy.initContainer.extraVolumeMounts | list | `[]` | Extra volume mounts for init container |
 | app-proxy.initContainer.image.pullPolicy | string | `"IfNotPresent"` |  |
 | app-proxy.initContainer.image.repository | string | `"quay.io/codefresh/cap-app-proxy-init"` |  |
-| app-proxy.initContainer.image.tag | string | `"1.2667.0"` |  |
+| app-proxy.initContainer.image.tag | string | `"1.2696.0"` |  |
 | app-proxy.initContainer.resources.limits.cpu | string | `"1"` |  |
 | app-proxy.initContainer.resources.limits.memory | string | `"512Mi"` |  |
 | app-proxy.initContainer.resources.requests.cpu | string | `"0.2"` |  |
diff --git a/charts/gitops-runtime/values.yaml b/charts/gitops-runtime/values.yaml
index 4c8a4794..afd4a3d5 100644
--- a/charts/gitops-runtime/values.yaml
+++ b/charts/gitops-runtime/values.yaml
@@ -430,7 +430,7 @@ app-proxy:
           tag: 1.1.10-main
   image:
     repository: quay.io/codefresh/cap-app-proxy
-    tag: 1.2667.0
+    tag: 1.2696.0
     pullPolicy: IfNotPresent
   # -- Extra volume mounts for main container
   extraVolumeMounts: []
@@ -438,7 +438,7 @@ app-proxy:
   initContainer:
     image:
       repository: quay.io/codefresh/cap-app-proxy-init
-      tag: 1.2667.0
+      tag: 1.2696.0
       pullPolicy: IfNotPresent
     command:
       - ./init.sh