diff --git a/Cargo.toml b/Cargo.toml
index cbe657288f3..85eec57ece7 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -2,7 +2,7 @@
 version = "0.0.0"                               # managed by cargo-workspaces, see below
 authors = ["Near Inc <hello@nearprotocol.com>"]
 edition = "2021"
-rust-version = "1.83.0"
+rust-version = "1.84.0"
 repository = "https://github.com/near/nearcore"
 license = "MIT OR Apache-2.0"
 
diff --git a/benchmarks/synth-bm/Cargo.toml b/benchmarks/synth-bm/Cargo.toml
index 78d77ef5172..dcff3d186c2 100644
--- a/benchmarks/synth-bm/Cargo.toml
+++ b/benchmarks/synth-bm/Cargo.toml
@@ -3,7 +3,7 @@ name = "near-synth-bm"
 version = "0.0.0"
 authors = ["Near Inc <hello@nearprotocol.com>"]
 edition = "2021"
-rust-version = "1.83.0"
+rust-version = "1.84.0"
 repository = "https://github.com/near/nearcore"
 license = "MIT OR Apache-2.0"
 
diff --git a/runtime/near-wallet-contract/implementation/rust-toolchain.toml b/runtime/near-wallet-contract/implementation/rust-toolchain.toml
index b94d1854d54..c07b921aef5 100644
--- a/runtime/near-wallet-contract/implementation/rust-toolchain.toml
+++ b/runtime/near-wallet-contract/implementation/rust-toolchain.toml
@@ -3,6 +3,6 @@
 # Changing this file is a protocol change because it will change the
 # bytes of the wallet contract. Therefore please only upgrade the Rust
 # version here when there is a good reason to do so.
-channel = "1.83.0"
+channel = "1.84.0"
 components = ["rustfmt", "clippy", "rust-analyzer"]
 targets = ["wasm32-unknown-unknown"]
diff --git a/runtime/runtime-params-estimator/emu-cost/Dockerfile b/runtime/runtime-params-estimator/emu-cost/Dockerfile
index 365144423ba..33d1622231a 100644
--- a/runtime/runtime-params-estimator/emu-cost/Dockerfile
+++ b/runtime/runtime-params-estimator/emu-cost/Dockerfile
@@ -1,5 +1,5 @@
 # our local base image
-FROM docker.io/rust:1.83.0
+FROM docker.io/rust:1.84.0
 
 LABEL description="Container for builds"
 
diff --git a/rust-toolchain.toml b/rust-toolchain.toml
index 8c686216db8..38f93496216 100644
--- a/rust-toolchain.toml
+++ b/rust-toolchain.toml
@@ -2,6 +2,6 @@
 # This specifies the version of Rust we use to build.
 # Individual crates in the workspace may support a lower version, as indicated by `rust-version` field in each crate's `Cargo.toml`.
 # The version specified below, should be at least as high as the maximum `rust-version` within the workspace.
-channel = "1.83.0"
+channel = "1.84.0"
 components = ["rustfmt", "clippy", "rust-analyzer", "rust-src"]
 targets = ["wasm32-unknown-unknown"]
diff --git a/tracing/Cargo.toml b/tracing/Cargo.toml
index 5874b91628a..ee2cdc29567 100644
--- a/tracing/Cargo.toml
+++ b/tracing/Cargo.toml
@@ -3,7 +3,7 @@ name = "near-tracing"
 version = "0.0.0"
 authors = ["Near Inc <hello@nearprotocol.com>"]
 edition = "2021"
-rust-version = "1.83.0"
+rust-version = "1.84.0"
 repository = "https://github.com/near/nearcore"
 license = "MIT OR Apache-2.0"