diff --git a/defaults/defaults.go b/defaults/defaults.go
index 0695ca424a..bec0355255 100644
--- a/defaults/defaults.go
+++ b/defaults/defaults.go
@@ -69,7 +69,7 @@ const (
 	ConnectivityCheckJSONMockImage   = "quay.io/cilium/json-mock:v1.3.0@sha256:2729064827fa9dbfface8d3df424feb6c792a0ba07117b844349635c93c06d2b"
 
 	ConfigMapName   = "cilium-config"
-	Version         = "v1.10.5"
+	Version         = "v1.11.0"
 	HubbleUIVersion = "v0.8.3"
 
 	TunnelType = "vxlan"
diff --git a/internal/cli/cmd/install.go b/internal/cli/cmd/install.go
index fc6395d787..b3b9300de3 100644
--- a/internal/cli/cmd/install.go
+++ b/internal/cli/cmd/install.go
@@ -133,15 +133,15 @@ func newCmdUpgrade() *cobra.Command {
 	cmd := &cobra.Command{
 		Use:   "upgrade",
 		Short: "Upgrade Cilium in a Kubernetes cluster",
-		Long: `Upgrade Cilium in a Kubernetes cluster
+		Long: fmt.Sprintf(`Upgrade Cilium in a Kubernetes cluster
 
 Examples:
 # Upgrade Cilium to the latest patch release:
 cilium upgrade
 
 # Upgrade Cilium to a specific version
-cilium upgrade --version v1.10.5
-`,
+cilium upgrade --version %s
+`, defaults.Version),
 		RunE: func(cmd *cobra.Command, args []string) error {
 			installer, err := install.NewK8sInstaller(k8sClient, params)
 			if err != nil {