diff --git a/Makefile b/Makefile
index 68c71243b..e09a765a2 100644
--- a/Makefile
+++ b/Makefile
@@ -19,7 +19,7 @@ BUILDX_FLAGS=$(BUILDX_OP) $(PLATFORM_FLAGS) $(CACHE_FLAGS)
 
 # the rust version used by our containers, and as an override for our deployers
 # ensuring all user crates are compiled with the same rustc toolchain
-RUSTUP_TOOLCHAIN=1.73.0
+RUSTUP_TOOLCHAIN=1.74.0
 
 TAG?=$(shell git describe --tags --abbrev=0)
 AUTH_TAG?=$(TAG)
diff --git a/shell.nix b/shell.nix
index f2f8d96f0..2c1b9ae44 100644
--- a/shell.nix
+++ b/shell.nix
@@ -11,7 +11,7 @@ in
       openssl
     ];
     buildInputs = with nixpkgs; [
-      ((rustChannelOf{ channel = "1.73.0"; }).rust.override {
+      ((rustChannelOf{ channel = "1.74.0"; }).rust.override {
         extensions = ["rust-src"];
         targets = ["wasm32-wasi"];
       })