diff --git a/.release-please-manifest.json b/.release-please-manifest.json
index 2514c0a34cf..3b78e014843 100644
--- a/.release-please-manifest.json
+++ b/.release-please-manifest.json
@@ -5,5 +5,5 @@
   "runtimes/deno-runtime": "2.0.4",
   "lifecycle-operator": "1.0.0",
   "scheduler": "1.0.0",
-  "metrics-operator": "1.0.1"
+  "metrics-operator": "2.0.0"
 }
diff --git a/metrics-operator/CHANGELOG.md b/metrics-operator/CHANGELOG.md
index bc12bc02791..35a86663dab 100644
--- a/metrics-operator/CHANGELOG.md
+++ b/metrics-operator/CHANGELOG.md
@@ -1,5 +1,25 @@
 # Changelog
 
+## [2.0.0](https://github.com/keptn/lifecycle-toolkit/compare/metrics-operator-v1.0.1...metrics-operator-v2.0.0) (2024-05-23)
+
+
+### Other
+
+* backport release helm chart versions ([#3460](https://github.com/keptn/lifecycle-toolkit/issues/3460)) ([95d6809](https://github.com/keptn/lifecycle-toolkit/commit/95d6809272eeb2b981b63f3718c4e799fc72b743))
+
+
+### Dependency Updates
+
+* update dependency kubernetes-sigs/controller-tools to v0.15.0 ([#3473](https://github.com/keptn/lifecycle-toolkit/issues/3473)) ([8987cd1](https://github.com/keptn/lifecycle-toolkit/commit/8987cd1773ba2e90e941e87caece0020b1100a18))
+* update golang docker tag to v1.21.10 ([#3508](https://github.com/keptn/lifecycle-toolkit/issues/3508)) ([ed3409f](https://github.com/keptn/lifecycle-toolkit/commit/ed3409f1fa0f309e1fb0b1d971ec56e0c8f854bb))
+* update kubernetes packages to v0.28.10 (patch) ([#3522](https://github.com/keptn/lifecycle-toolkit/issues/3522)) ([d9c1d70](https://github.com/keptn/lifecycle-toolkit/commit/d9c1d70eef3170c62b43dc2896df5b8d630af515))
+* update module golang.org/x/exp to v0.0.0-20240506185415-9bf2ced13842 ([#3507](https://github.com/keptn/lifecycle-toolkit/issues/3507)) ([0d2f645](https://github.com/keptn/lifecycle-toolkit/commit/0d2f6459f366e191f4a2792d97496d1c1d7e3965))
+* update module google.golang.org/grpc to v1.64.0 ([#3526](https://github.com/keptn/lifecycle-toolkit/issues/3526)) ([19a0f7c](https://github.com/keptn/lifecycle-toolkit/commit/19a0f7ce421ca204f7d2eb168a2487426c8220e4))
+* update module google.golang.org/protobuf to v1.34.0 ([#3496](https://github.com/keptn/lifecycle-toolkit/issues/3496)) ([5862111](https://github.com/keptn/lifecycle-toolkit/commit/586211185649f9542dd7782d551d1ad04e3c809f))
+* update module google.golang.org/protobuf to v1.34.1 ([#3518](https://github.com/keptn/lifecycle-toolkit/issues/3518)) ([6146e6d](https://github.com/keptn/lifecycle-toolkit/commit/6146e6d142b3e75e52730ef66ae76e6d60fab3bc))
+* update module sigs.k8s.io/controller-runtime to v0.16.6 ([#3523](https://github.com/keptn/lifecycle-toolkit/issues/3523)) ([e044b51](https://github.com/keptn/lifecycle-toolkit/commit/e044b51c794b601edaa815855a8e4fb195f0842c))
+* update opentelemetry-go monorepo (minor) ([#3480](https://github.com/keptn/lifecycle-toolkit/issues/3480)) ([11fa477](https://github.com/keptn/lifecycle-toolkit/commit/11fa4771e478972f09a8c63eb240215dca23bcef))
+
 ## [1.0.1](https://github.com/keptn/lifecycle-toolkit/compare/metrics-operator-v1.0.0...metrics-operator-v1.0.1) (2024-04-24)
 
 
diff --git a/metrics-operator/Makefile b/metrics-operator/Makefile
index 276a12f1d88..2d4f0a813e8 100644
--- a/metrics-operator/Makefile
+++ b/metrics-operator/Makefile
@@ -7,7 +7,7 @@ RELEASE_REGISTRY?=ghcr.io/keptn
 RELEASE_TIME=$(shell date +%Y%m%d%s)
 BUILD_TIME=$(shell date -u "+%F_%T")
 RELEASE_VERSION?=$(RELEASE_TIME)-v0.24.3#$(shell git describe --tags --match "v*")
-TAG?="v1.0.1" # x-release-please-version
+TAG?="v2.0.0" # x-release-please-version
 RELEASE_IMAGE:=metrics-operator:$(TAG)
 CHART_APPVERSION?=""
 
diff --git a/metrics-operator/chart/Chart.yaml b/metrics-operator/chart/Chart.yaml
index 5db6b960537..136eb10179b 100644
--- a/metrics-operator/chart/Chart.yaml
+++ b/metrics-operator/chart/Chart.yaml
@@ -22,8 +22,8 @@ annotations:
   artifacthub.io/operator: 'true'
 kubeVersion: '>= 1.24.0-0'
 type: application
-version: 0.2.1
-appVersion: v1.0.1 # x-release-please-version
+version: 2.0.0
+appVersion: v1.0.1
 dependencies:
   - name: common
     repository: https://charts.lifecycle.keptn.sh
diff --git a/metrics-operator/chart/values.yaml b/metrics-operator/chart/values.yaml
index 4166315c176..32f68c49eeb 100644
--- a/metrics-operator/chart/values.yaml
+++ b/metrics-operator/chart/values.yaml
@@ -140,7 +140,7 @@ image:
 ## @param   image.repository specify registry for manager image
   repository: keptn/metrics-operator
 ## @param   image.tag select tag for manager image
-  tag: v1.0.1 # x-release-please-version
+  tag: v2.0.0 # x-release-please-version
 ## @param   image.imagePullPolicy specify pull policy for the manager image. This overrides global values
   imagePullPolicy: ""
 ## @extra  livenessProbe custom livenessprobe for manager container
diff --git a/metrics-operator/converter/sli_converter.md b/metrics-operator/converter/sli_converter.md
index 9828304a07e..40304addaba 100644
--- a/metrics-operator/converter/sli_converter.md
+++ b/metrics-operator/converter/sli_converter.md
@@ -13,7 +13,7 @@ To run the converter, execute the following command:
 
 <!---x-release-please-start-version-->
 ```shell
-METRICS_OPERATOR_IMAGE=ghcr.io/keptn/metrics-operator:v1.0.1
+METRICS_OPERATOR_IMAGE=ghcr.io/keptn/metrics-operator:v2.0.0
 PATH_TO_SLI=<PATH_TO_SLI>
 KEPTN_PROVIDER_NAME=<KEPTN_PROVIDER_NAME>
 KEPTN_PROVIDER_NAMESPACE=<KEPTN_PROVIDER_NAMESPACE>
diff --git a/metrics-operator/converter/slo_converter.md b/metrics-operator/converter/slo_converter.md
index 555b7e8fd01..e549328459d 100644
--- a/metrics-operator/converter/slo_converter.md
+++ b/metrics-operator/converter/slo_converter.md
@@ -35,7 +35,7 @@ To run the converter, execute the following command:
 
 <!---x-release-please-start-version-->
 ```shell
-METRICS_OPERATOR_IMAGE=ghcr.io/keptn/metrics-operator:v1.0.1
+METRICS_OPERATOR_IMAGE=ghcr.io/keptn/metrics-operator:v2.0.0
 PATH_TO_SLO=<PATH_TO_SLO>
 ANALYSIS_VALUE_TEMPLATE_NAMESPACE=<ANALYSIS_VALUE_TEMPLATE_NAMESPACE>
 ANALYSIS_DEFINITION_NAME=<ANALYSIS_DEFINITION_NAME>