diff --git a/CHANGELOG.md b/CHANGELOG.md
index 4734a70..16fd259 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,3 +1,7 @@
+### v5.0.0
+
+- Update graphql peer-dependency for Apollo server v3.
+
 ### v4.0.0
 
 - Updated @apollo/federation dependency for Node 18 compatibility.
diff --git a/package.json b/package.json
index 67847a0..13b7f13 100644
--- a/package.json
+++ b/package.json
@@ -1,6 +1,6 @@
 {
   "name": "graphql-component",
-  "version": "4.0.0",
+  "version": "5.0.0",
   "description": "Build, customize and compose GraphQL schemas in a componentized fashion",
   "keywords": [
     "graphql",
@@ -32,11 +32,11 @@
     "debug": "^4.3.1"
   },
   "peerDependencies": {
-    "graphql": "^15.0.0"
+    "graphql": "^16.0.0"
   },
   "devDependencies": {
     "@apollo/gateway": "^0.28.2",
-    "apollo-server": "^2.25.0",
+    "apollo-server": "^3.13.0",
     "casual": "^1.6.0",
     "eslint": "^6.5.1",
     "graphql": "^15.0.0",