Not able to update to new ignite version, need to migrate to new cosmos sdk version

[smuu]

#25 failed because of:

Your chain has been scaffolded with an older version of Cosmos SDK: v0.46.7                                        
                                                                                                                   
Please, follow the migration guide to upgrade your chain to the latest version at https://docs.ignite.com/migration
The command '/bin/sh -c ignite chain build --release' returned a non-zero code: 1
Error: Process completed with exit code 1.