diff --git a/RELEASE-NOTES.txt b/RELEASE-NOTES.txt
index 193e91b192..a13d5aeb4a 100644
--- a/RELEASE-NOTES.txt
+++ b/RELEASE-NOTES.txt
@@ -5,6 +5,7 @@ Unreleased
 * [*] Fix issue when pasting HTML content [https://github.com/wordpress-mobile/gutenberg-mobile/pull/6933]
 * [**] Add support prefix transforms [https://github.com/wordpress-mobile/gutenberg-mobile/pull/6932]
 * [*] Remove themes from the allowed API endpoint list [https://github.com/wordpress-mobile/gutenberg-mobile/pull/6967]
+* [*] Remove Gallery Block V1 and other experimental flags  [https://github.com/wordpress-mobile/gutenberg-mobile/pull/6973]
 
 1.120.1
 ---
diff --git a/gutenberg b/gutenberg
index 86513758e4..3a42f4c7fd 160000
--- a/gutenberg
+++ b/gutenberg
@@ -1 +1 @@
-Subproject commit 86513758e4a6b634201c23370bfd9374e22e8b07
+Subproject commit 3a42f4c7fd00234af76d7c580b56943b281a5e1b