diff --git a/bom/application/pom.xml b/bom/application/pom.xml
index 90565c80ac430..33584dd4fad3e 100644
--- a/bom/application/pom.xml
+++ b/bom/application/pom.xml
@@ -119,7 +119,7 @@
         <httpasync.version>4.1.5</httpasync.version>
         <cronutils.version>9.2.1</cronutils.version>
         <quartz.version>2.3.2</quartz.version>
-        <h2.version>2.2.224</h2.version> <!-- When updating, needs to be matched in io.quarkus.hibernate.orm.runtime.config.DialectVersions -->
+        <h2.version>2.3.230</h2.version> <!-- When updating, needs to be matched in io.quarkus.hibernate.orm.runtime.config.DialectVersions -->
         <postgresql-jdbc.version>42.7.3</postgresql-jdbc.version>
         <mariadb-jdbc.version>3.4.0</mariadb-jdbc.version>
         <mysql-jdbc.version>8.3.0</mysql-jdbc.version>
diff --git a/extensions/hibernate-orm/runtime/src/main/java/io/quarkus/hibernate/orm/runtime/config/DialectVersions.java b/extensions/hibernate-orm/runtime/src/main/java/io/quarkus/hibernate/orm/runtime/config/DialectVersions.java
index 0e853fac4ae50..fd4000f2086e3 100644
--- a/extensions/hibernate-orm/runtime/src/main/java/io/quarkus/hibernate/orm/runtime/config/DialectVersions.java
+++ b/extensions/hibernate-orm/runtime/src/main/java/io/quarkus/hibernate/orm/runtime/config/DialectVersions.java
@@ -23,7 +23,7 @@ public static final class Defaults {
 
         // This must be aligned on the H2 version in the Quarkus BOM
         // This must never be removed
-        public static final String H2 = "2.2.224";
+        public static final String H2 = "2.3.230";
 
         private Defaults() {
         }