The Henry Gas Solubility Optimization (HGSO) is a physics-based metaheuristic inspired by Henry's law, which describes the solubility of the gas in a liquid under specific pressure conditions. Since its introduction by Hashim et al. in 2019, HGSO has gained significant attention for its unique features, including minimal adaptive parameters and a balanced exploration-exploitation trade-off, leading to favorable convergence. This study provides an up-to-date survey of HGSO, covering the walk through the historical development of HGSO, its modifications, and hybridizations with other algorithms, showcasing its adaptability and potential for synergy. Recent variants of HGSO are categorized into modified, hybridized, and multi-objective versions, and the review explores its main applications, demonstrating its effectiveness in solving complex problems. The evaluation includes a discussion of the algorithm's strengths and weaknesses. This comprehensive review, featuring graphical and tabular comparisons, not only indicates potential future directions in the field but also serves as a valuable resource for researchers seeking a deep understanding of HGSO and its advanced versions. As physics-based metaheuristic algorithms gain prominence for solving intricate optimization problems, this study provides insights into the adaptability and applications of HGSO across diverse domains.