diff --git a/Cargo.lock b/Cargo.lock
index d4add69..b928327 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -822,9 +822,9 @@ dependencies = [
 
 [[package]]
 name = "wit-bindgen"
-version = "0.53.1"
+version = "0.54.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "6e915216dde3e818093168df8380a64fba25df468d626c80dd5d6a184c87e7c7"
+checksum = "2bb00254d5051d69730ee32580b7373592f10ad786757c372f0f2c7b61f86a2c"
 dependencies = [
  "bitflags",
  "wit-bindgen-rust-macro",
@@ -832,9 +832,9 @@ dependencies = [
 
 [[package]]
 name = "wit-bindgen-core"
-version = "0.53.1"
+version = "0.54.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "3deda4b7e9f522d994906f6e6e0fc67965ea8660306940a776b76732be8f3933"
+checksum = "99cdef5ccf0b0e9bf30868d6f9c5ed116c84ae95f84ba29d2216d3e922de3963"
 dependencies = [
  "anyhow",
  "heck",
@@ -843,9 +843,9 @@ dependencies = [
 
 [[package]]
 name = "wit-bindgen-rust"
-version = "0.53.1"
+version = "0.54.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "863a7ab3c4dfee58db196811caeb0718b88412a0aef3d1c2b02fcbae1e37c688"
+checksum = "e76541e2f37ac1729db85765729daa0f3c2b5975d66699114d107525f6d6c8d5"
 dependencies = [
  "anyhow",
  "heck",
@@ -859,9 +859,9 @@ dependencies = [
 
 [[package]]
 name = "wit-bindgen-rust-macro"
-version = "0.53.1"
+version = "0.54.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "d14f3a9bfa3804bb0e9ab7f66da047f210eded6a1297ae3ba5805b384d64797f"
+checksum = "a284e17b2bc808c72ba008f6694626fa76bcac608b3d1ed0880f9add3f558f8e"
 dependencies = [
  "anyhow",
  "prettyplease",
diff --git a/cmd/gravity/Cargo.toml b/cmd/gravity/Cargo.toml
index 1220a33..fc91437 100644
--- a/cmd/gravity/Cargo.toml
+++ b/cmd/gravity/Cargo.toml
@@ -27,7 +27,7 @@ test = false
 [dependencies]
 clap = "=4.5.60"
 genco = "=0.19.0"
-wit-bindgen-core = "=0.53.1"
+wit-bindgen-core = "=0.54.0"
 wit-component = "=0.245.1"
 
 [dev-dependencies]
@@ -36,4 +36,4 @@ trycmd = { version = "=1.1.0", default-features = false, features = [
   "color-auto",
   "diff",
 ] }
-wit-bindgen = "=0.53.1"
+wit-bindgen = "=0.54.0"
diff --git a/examples/basic/Cargo.toml b/examples/basic/Cargo.toml
index cbb1592..0f5fe86 100644
--- a/examples/basic/Cargo.toml
+++ b/examples/basic/Cargo.toml
@@ -7,5 +7,5 @@ edition = "2024"
 crate-type = ["cdylib"]
 
 [dependencies]
-wit-bindgen = "=0.53.1"
+wit-bindgen = "=0.54.0"
 wit-component = "=0.245.1"
diff --git a/examples/iface-method-returns-string/Cargo.toml b/examples/iface-method-returns-string/Cargo.toml
index 844ecf9..cb30899 100644
--- a/examples/iface-method-returns-string/Cargo.toml
+++ b/examples/iface-method-returns-string/Cargo.toml
@@ -7,5 +7,5 @@ edition = "2024"
 crate-type = ["cdylib"]
 
 [dependencies]
-wit-bindgen = "0.53.1"
+wit-bindgen = "0.54.0"
 wit-component = "0.245.1"
diff --git a/examples/instructions/Cargo.toml b/examples/instructions/Cargo.toml
index 6c6deee..cdda6d3 100644
--- a/examples/instructions/Cargo.toml
+++ b/examples/instructions/Cargo.toml
@@ -7,5 +7,5 @@ edition = "2024"
 crate-type = ["cdylib"]
 
 [dependencies]
-wit-bindgen = "=0.53.1"
+wit-bindgen = "=0.54.0"
 wit-component = "=0.245.1"
diff --git a/examples/records/Cargo.toml b/examples/records/Cargo.toml
index a89b627..58c65b9 100644
--- a/examples/records/Cargo.toml
+++ b/examples/records/Cargo.toml
@@ -7,5 +7,5 @@ edition = "2024"
 crate-type = ["cdylib"]
 
 [dependencies]
-wit-bindgen = "=0.53.1"
+wit-bindgen = "=0.54.0"
 wit-component = "=0.245.1"
diff --git a/examples/regressions/Cargo.toml b/examples/regressions/Cargo.toml
index 1ba7519..a13e583 100644
--- a/examples/regressions/Cargo.toml
+++ b/examples/regressions/Cargo.toml
@@ -7,5 +7,5 @@ edition = "2024"
 crate-type = ["cdylib"]
 
 [dependencies]
-wit-bindgen = "=0.53.1"
+wit-bindgen = "=0.54.0"
 wit-component = "=0.245.1"