diff --git a/go.mod b/go.mod
index 5f5fe104a0..a8412f362c 100644
--- a/go.mod
+++ b/go.mod
@@ -63,13 +63,12 @@ require (
 	github.com/spf13/pflag v1.0.5
 	github.com/stretchr/testify v1.8.4
 	github.com/tendermint/tendermint v0.34.24
-	go.opentelemetry.io/otel v1.13.0
+	go.opentelemetry.io/otel v1.16.0
 	go.opentelemetry.io/otel/exporters/otlp/otlpmetric/otlpmetrichttp v0.34.0
 	go.opentelemetry.io/otel/exporters/otlp/otlptrace/otlptracehttp v1.11.2
-	go.opentelemetry.io/otel/metric v0.34.0
 	go.opentelemetry.io/otel/sdk v1.11.2
 	go.opentelemetry.io/otel/sdk/metric v0.34.0
-	go.opentelemetry.io/otel/trace v1.13.0
+	go.opentelemetry.io/otel/trace v1.16.0
 	go.opentelemetry.io/proto/otlp v0.19.0
 	go.uber.org/fx v1.19.3
 	go.uber.org/zap v1.24.0
@@ -307,6 +306,7 @@ require (
 	go.opentelemetry.io/otel/exporters/otlp/internal/retry v1.11.2 // indirect
 	go.opentelemetry.io/otel/exporters/otlp/otlpmetric v0.34.0 // indirect
 	go.opentelemetry.io/otel/exporters/otlp/otlptrace v1.11.2 // indirect
+	go.opentelemetry.io/otel/metric v1.16.0 // indirect
 	go.uber.org/atomic v1.11.0 // indirect
 	go.uber.org/dig v1.17.0 // indirect
 	go.uber.org/multierr v1.11.0 // indirect
diff --git a/go.sum b/go.sum
index e548acff6a..8fb513a9d8 100644
--- a/go.sum
+++ b/go.sum
@@ -2051,8 +2051,8 @@ go.opencensus.io v0.24.0 h1:y73uSU6J157QMP2kn2r30vwW1A2W2WFwSCGnAVxeaD0=
 go.opencensus.io v0.24.0/go.mod h1:vNK8G9p7aAivkbmorf4v+7Hgx+Zs0yY+0fOtgBfjQKo=
 go.opentelemetry.io/otel v0.20.0/go.mod h1:Y3ugLH2oa81t5QO+Lty+zXf8zC9L26ax4Nzoxm/dooo=
 go.opentelemetry.io/otel v1.4.1/go.mod h1:StM6F/0fSwpd8dKWDCdRr7uRvEPYdW0hBSlbdTiUde4=
-go.opentelemetry.io/otel v1.13.0 h1:1ZAKnNQKwBBxFtww/GwxNUyTf0AxkZzrukO8MeXqe4Y=
-go.opentelemetry.io/otel v1.13.0/go.mod h1:FH3RtdZCzRkJYFTCsAKDy9l/XYjMdNv6QrkFFB8DvVg=
+go.opentelemetry.io/otel v1.16.0 h1:Z7GVAX/UkAXPKsy94IU+i6thsQS4nb7LviLpnaNeW8s=
+go.opentelemetry.io/otel v1.16.0/go.mod h1:vl0h9NUa1D5s1nv3A5vZOYWn8av4K8Ml6JDeHrT/bx4=
 go.opentelemetry.io/otel/exporters/otlp/internal/retry v1.11.2 h1:htgM8vZIF8oPSCxa341e3IZ4yr/sKxgu8KZYllByiVY=
 go.opentelemetry.io/otel/exporters/otlp/internal/retry v1.11.2/go.mod h1:rqbht/LlhVBgn5+k3M5QK96K5Xb0DvXpMJ5SFQpY6uw=
 go.opentelemetry.io/otel/exporters/otlp/otlpmetric v0.34.0 h1:kpskzLZ60cJ48SJ4uxWa6waBL+4kSV6nVK8rP+QM8Wg=
@@ -2064,8 +2064,8 @@ go.opentelemetry.io/otel/exporters/otlp/otlptrace v1.11.2/go.mod h1:5Qn6qvgkMsLD
 go.opentelemetry.io/otel/exporters/otlp/otlptrace/otlptracehttp v1.11.2 h1:Us8tbCmuN16zAnK5TC69AtODLycKbwnskQzaB6DfFhc=
 go.opentelemetry.io/otel/exporters/otlp/otlptrace/otlptracehttp v1.11.2/go.mod h1:GZWSQQky8AgdJj50r1KJm8oiQiIPaAX7uZCFQX9GzC8=
 go.opentelemetry.io/otel/metric v0.20.0/go.mod h1:598I5tYlH1vzBjn+BTuhzTCSb/9debfNp6R3s7Pr1eU=
-go.opentelemetry.io/otel/metric v0.34.0 h1:MCPoQxcg/26EuuJwpYN1mZTeCYAUGx8ABxfW07YkjP8=
-go.opentelemetry.io/otel/metric v0.34.0/go.mod h1:ZFuI4yQGNCupurTXCwkeD/zHBt+C2bR7bw5JqUm/AP8=
+go.opentelemetry.io/otel/metric v1.16.0 h1:RbrpwVG1Hfv85LgnZ7+txXioPDoh6EdbZHo26Q3hqOo=
+go.opentelemetry.io/otel/metric v1.16.0/go.mod h1:QE47cpOmkwipPiefDwo2wDzwJrlfxxNYodqc4xnGCo4=
 go.opentelemetry.io/otel/oteltest v0.20.0/go.mod h1:L7bgKf9ZB7qCwT9Up7i9/pn0PWIa9FqQ2IQ8LoxiGnw=
 go.opentelemetry.io/otel/sdk v0.20.0/go.mod h1:g/IcepuwNsoiX5Byy2nNV0ySUF1em498m7hBWC279Yc=
 go.opentelemetry.io/otel/sdk v1.11.2 h1:GF4JoaEx7iihdMFu30sOyRx52HDHOkl9xQ8SMqNXUiU=
@@ -2074,8 +2074,8 @@ go.opentelemetry.io/otel/sdk/metric v0.34.0 h1:7ElxfQpXCFZlRTvVRTkcUvK8Gt5DC8Qzm
 go.opentelemetry.io/otel/sdk/metric v0.34.0/go.mod h1:l4r16BIqiqPy5rd14kkxllPy/fOI4tWo1jkpD9Z3ffQ=
 go.opentelemetry.io/otel/trace v0.20.0/go.mod h1:6GjCW8zgDjwGHGa6GkyeB8+/5vjT16gUEi0Nf1iBdgw=
 go.opentelemetry.io/otel/trace v1.4.1/go.mod h1:iYEVbroFCNut9QkwEczV9vMRPHNKSSwYZjulEtsmhFc=
-go.opentelemetry.io/otel/trace v1.13.0 h1:CBgRZ6ntv+Amuj1jDsMhZtlAPT6gbyIRdaIzFhfBSdY=
-go.opentelemetry.io/otel/trace v1.13.0/go.mod h1:muCvmmO9KKpvuXSf3KKAXXB2ygNYHQ+ZfI5X08d3tds=
+go.opentelemetry.io/otel/trace v1.16.0 h1:8JRpaObFoW0pxuVPapkgH8UhHQj+bJW8jJsCZEu5MQs=
+go.opentelemetry.io/otel/trace v1.16.0/go.mod h1:Yt9vYq1SdNz3xdjZZK7wcXv1qv2pwLkqr2QVwea0ef0=
 go.opentelemetry.io/proto/otlp v0.7.0/go.mod h1:PqfVotwruBrMGOCsRd/89rSnXhoiJIqeYNgFYFoEGnI=
 go.opentelemetry.io/proto/otlp v0.19.0 h1:IVN6GR+mhC4s5yfcTbmzHYODqvWAp3ZedA2SJPI1Nnw=
 go.opentelemetry.io/proto/otlp v0.19.0/go.mod h1:H7XAot3MsfNsj7EXtrA2q5xSNQ10UqI405h3+duxN4U=