diff --git a/.changeset/dependencies-GH-2283.md b/.changeset/dependencies-GH-2283.md
new file mode 100644
index 000000000..084e0982e
--- /dev/null
+++ b/.changeset/dependencies-GH-2283.md
@@ -0,0 +1,19 @@
+---
+"@substrate/wallet-template": patch
+---
+
+chore(deps): bump @polkadot/extension-inject from 0.47.5 to 0.48.1
+
+Bumps [@polkadot/extension-inject](https://github.com/polkadot-js/extension/tree/HEAD/packages/extension-inject) from 0.47.5 to 0.48.1.
+- [Release notes](https://github.com/polkadot-js/extension/releases)
+- [Changelog](https://github.com/polkadot-js/extension/blob/master/CHANGELOG.md)
+- [Commits](https://github.com/polkadot-js/extension/commits/v0.48.1/packages/extension-inject)
+
+---
+updated-dependencies:
+- dependency-name: "@polkadot/extension-inject"
+  dependency-type: direct:production
+  update-type: version-update:semver-minor
+...
+
+Signed-off-by: dependabot[bot] <support@github.com>
diff --git a/pnpm-lock.yaml b/pnpm-lock.yaml
index 974ff190f..9bf61bd21 100644
--- a/pnpm-lock.yaml
+++ b/pnpm-lock.yaml
@@ -567,8 +567,8 @@ importers:
         specifier: ^0.0.5
         version: 0.0.5
       '@polkadot/extension-inject':
-        specifier: ^0.47.5
-        version: 0.47.5(@polkadot/api@10.13.1)(@polkadot/util@12.6.2)
+        specifier: ^0.48.1
+        version: 0.48.1(@polkadot/api@10.13.1)(@polkadot/util@12.6.2)
       '@radix-ui/react-accordion':
         specifier: ^1.1.2
         version: 1.1.2(@types/react-dom@18.3.0)(@types/react@18.3.3)(react-dom@18.3.1)(react@18.3.1)
@@ -4022,16 +4022,16 @@ packages:
       - utf-8-validate
     dev: false
 
-  /@polkadot/extension-inject@0.47.5(@polkadot/api@10.13.1)(@polkadot/util@12.6.2):
-    resolution: {integrity: sha512-k3sSV1FUerhtbEJnKSofKofP5VSenKV9mlzG102dDmLv6kFfr6ZP7HmReeKfRi8pRXd9jrI6oUNtq86APUeF9Q==}
+  /@polkadot/extension-inject@0.48.1(@polkadot/api@10.13.1)(@polkadot/util@12.6.2):
+    resolution: {integrity: sha512-siv3YN/Cj6t01PFT5tfzB2p8UryhpV1cEWMViHxvoHL3Y9D6lCQDBTKkUSAUEG7dqczwHnizvdXBvF5HpZ42Ug==}
     engines: {node: '>=18'}
     peerDependencies:
       '@polkadot/api': '*'
       '@polkadot/util': '*'
     dependencies:
       '@polkadot/api': 10.13.1
-      '@polkadot/rpc-provider': 11.2.1
-      '@polkadot/types': 11.2.1
+      '@polkadot/rpc-provider': 12.0.2
+      '@polkadot/types': 12.0.2
       '@polkadot/util': 12.6.2
       '@polkadot/util-crypto': 12.6.2(@polkadot/util@12.6.2)
       '@polkadot/x-global': 12.6.2
diff --git a/projects/wallet-template/package.json b/projects/wallet-template/package.json
index 9f080a738..fb9b3a2e9 100644
--- a/projects/wallet-template/package.json
+++ b/projects/wallet-template/package.json
@@ -70,7 +70,7 @@
     "@polkadot-labs/hdkd": "^0.0.6",
     "@polkadot-labs/hdkd-helpers": "^0.0.6",
     "@polkadot-labs/schnorrkel-wasm": "^0.0.5",
-    "@polkadot/extension-inject": "^0.47.5",
+    "@polkadot/extension-inject": "^0.48.1",
     "@radix-ui/react-accordion": "^1.1.2",
     "@radix-ui/react-alert-dialog": "^1.0.5",
     "@radix-ui/react-aspect-ratio": "^1.0.3",