diff --git a/Cargo.lock b/Cargo.lock
index 86dc8a51a..b60458117 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -1594,7 +1594,7 @@ dependencies = [
  "quote",
  "syn 2.0.119",
  "tracing",
- "wasmparser 0.253.0",
+ "wasmparser 0.254.0",
  "wit-component",
  "wit-parser",
 ]
@@ -4356,9 +4356,9 @@ dependencies = [
 
 [[package]]
 name = "wasmparser"
-version = "0.253.0"
+version = "0.254.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "19db11f87d2486580e1e8b6f494c54df7e0566b87d0b599db843c24019667339"
+checksum = "d5769a29f799fbab136aaf65b4fe5384cd7d93fe6fc9ba0dcb6c8382a1f16e27"
 dependencies = [
  "bitflags 2.13.1",
  "hashbrown 0.17.1",
diff --git a/src/hyperlight_component_util/Cargo.toml b/src/hyperlight_component_util/Cargo.toml
index 9545f1c3b..a12afa056 100644
--- a/src/hyperlight_component_util/Cargo.toml
+++ b/src/hyperlight_component_util/Cargo.toml
@@ -15,7 +15,7 @@ Shared implementation for the procedural macros that generate Hyperlight host an
 name = "hyperlight_component_util"
 
 [dependencies]
-wasmparser = { version = "0.253.0" }
+wasmparser = { version = "0.254.0" }
 wit-component = { version = "0.252.0" }
 wit-parser = { version = "0.252.0" }
 quote = { version = "1.0.45" }
diff --git a/src/tests/rust_guests/Cargo.lock b/src/tests/rust_guests/Cargo.lock
index 4b489c3e8..8bbb2ff66 100644
--- a/src/tests/rust_guests/Cargo.lock
+++ b/src/tests/rust_guests/Cargo.lock
@@ -268,7 +268,7 @@ dependencies = [
  "quote",
  "syn",
  "tracing",
- "wasmparser 0.253.0",
+ "wasmparser 0.254.0",
  "wit-component",
  "wit-parser",
 ]
@@ -790,9 +790,9 @@ dependencies = [
 
 [[package]]
 name = "wasmparser"
-version = "0.253.0"
+version = "0.254.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "19db11f87d2486580e1e8b6f494c54df7e0566b87d0b599db843c24019667339"
+checksum = "d5769a29f799fbab136aaf65b4fe5384cd7d93fe6fc9ba0dcb6c8382a1f16e27"
 dependencies = [
  "bitflags 2.13.0",
  "hashbrown",
@@ -878,4 +878,4 @@ dependencies = [
 name = "zmij"
 version = "1.0.21"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "b8848ee67ecc8aedbaf3e4122217aff892639231befc6a1b58d29fff4c2cabaa"
+checksum = "b8848ee67ecc8aedbaf3e4122217aff892639231befc6a1b58d29fff4c2cabaa"
\ No newline at end of file