diff --git a/Cargo.lock b/Cargo.lock
index 5d8c975640..663e50e78e 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -44,6 +44,12 @@ version = "0.13.1"
 source = "registry+https://github.com/rust-lang/crates.io-index"
 checksum = "9e1b586273c5702936fe7b7d6896644d8be71e6314cfe09d3167c95f712589e8"
 
+[[package]]
+name = "base64"
+version = "0.22.1"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "72b3254f16251a8381aa12e40e3c4d2f0199f8c6508fbecb9d91f575e0fbb8c6"
+
 [[package]]
 name = "base64ct"
 version = "1.6.0"
@@ -73,7 +79,7 @@ dependencies = [
  "petgraph",
  "semver",
  "serde",
- "toml",
+ "toml 0.7.8",
  "url",
 ]
 
@@ -167,9 +173,9 @@ dependencies = [
 
 [[package]]
 name = "cxx"
-version = "1.0.97"
+version = "1.0.112"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "e88abab2f5abbe4c56e8f1fb431b784d710b709888f35755a160e62e33fe38e8"
+checksum = "58ab30434ea0ff6aa640a08dda5284026a366d47565496fd40b6cbfbdd7e31a2"
 dependencies = [
  "cc",
  "cxxbridge-flags",
@@ -179,15 +185,15 @@ dependencies = [
 
 [[package]]
 name = "cxxbridge-flags"
-version = "1.0.97"
+version = "1.0.112"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "8d3816ed957c008ccd4728485511e3d9aaf7db419aa321e3d2c5a2f3411e36c8"
+checksum = "42281b20eba5218c539295c667c18e2f50211bb11902419194c6ed1ae808e547"
 
 [[package]]
 name = "cxxbridge-macro"
-version = "1.0.97"
+version = "1.0.112"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "a26acccf6f445af85ea056362561a24ef56cdc15fcc685f03aec50b9c702cb6d"
+checksum = "b45506e3c66512b0a65d291a6b452128b7b1dd9841e20d1e151addbd2c00ea50"
 dependencies = [
  "proc-macro2",
  "quote",
@@ -355,7 +361,20 @@ dependencies = [
  "libc",
  "log",
  "rustversion",
- "windows",
+ "windows 0.48.0",
+]
+
+[[package]]
+name = "generator"
+version = "0.8.2"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "979f00864edc7516466d6b3157706e06c032f22715700ddd878228a91d02bc56"
+dependencies = [
+ "cfg-if",
+ "libc",
+ "log",
+ "rustversion",
+ "windows 0.58.0",
 ]
 
 [[package]]
@@ -455,6 +474,15 @@ dependencies = [
  "either",
 ]
 
+[[package]]
+name = "itertools"
+version = "0.13.0"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "413ee7dfc52ee1a4949ceeb7dbc8a33f2d6c088194d9f922fb8318faf1f01186"
+dependencies = [
+ "either",
+]
+
 [[package]]
 name = "itoa"
 version = "1.0.6"
@@ -528,9 +556,9 @@ dependencies = [
 
 [[package]]
 name = "log"
-version = "0.4.19"
+version = "0.4.22"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "b06a4cde4c0f271a446782e3eff8de789548ce57dbc8eca9292c27f4a42004b4"
+checksum = "a7a70ba024b9dc04c27ea2f0c0548feb474ec5c54bba33a7f72f873a39d07b24"
 
 [[package]]
 name = "loom"
@@ -539,7 +567,20 @@ source = "registry+https://github.com/rust-lang/crates.io-index"
 checksum = "ff50ecb28bb86013e935fb6683ab1f6d3a20016f123c76fd4c27470076ac30f5"
 dependencies = [
  "cfg-if",
- "generator",
+ "generator 0.7.5",
+ "scoped-tls",
+ "tracing",
+ "tracing-subscriber",
+]
+
+[[package]]
+name = "loom"
+version = "0.7.2"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "419e0dc8046cb947daa77eb95ae174acfbddb7673b4151f56d1eed8e93fbfaca"
+dependencies = [
+ "cfg-if",
+ "generator 0.8.2",
  "scoped-tls",
  "tracing",
  "tracing-subscriber",
@@ -602,9 +643,9 @@ dependencies = [
 
 [[package]]
 name = "once_cell"
-version = "1.18.0"
+version = "1.19.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "dd8b5dd2ae5ed71462c540258bedcb51965123ad7e7ccf4b9a8cafaa4a63576d"
+checksum = "3fdb12b2476b595f9358c5161aa467c2438859caa136dec86c26fdd2efe17b92"
 
 [[package]]
 name = "overload"
@@ -638,9 +679,9 @@ checksum = "9b2a4787296e9989611394c33f193f676704af1686e70b8f8033ab5ba9a35a94"
 
 [[package]]
 name = "petgraph"
-version = "0.6.4"
+version = "0.6.5"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "e1d3afd2628e69da2be385eb6f2fd57c8ac7977ceeff6dc166ff1657b0e386a9"
+checksum = "b4c5cc86750666a3ed20bdaf5ca2a0344f9c67674cae0515bec2da16fbaa47db"
 dependencies = [
  "fixedbitset",
  "indexmap",
@@ -787,9 +828,9 @@ dependencies = [
 
 [[package]]
 name = "rustc-simple-version"
-version = "0.1.0"
+version = "0.1.1"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "d2c140994fc6f44f2a89068a073843e82e7b4905f569ced81540a2eab4d0d6ed"
+checksum = "0f9578b0a3022c501d07b72d1e8a77170024f13c34b9ef871e8fc62feed6fac6"
 
 [[package]]
 name = "rustc_version"
@@ -874,9 +915,9 @@ dependencies = [
 
 [[package]]
 name = "serde_spanned"
-version = "0.6.4"
+version = "0.6.7"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "12022b835073e5b11e90a14f86838ceb1c8fb0325b72416845c487ac0fa95e80"
+checksum = "eb5b1b31579f3811bf615c144393417496f152e12ac8b7663bf664f4a815306d"
 dependencies = [
  "serde",
 ]
@@ -932,7 +973,7 @@ name = "soroban-builtin-sdk-macros"
 version = "20.3.0"
 source = "git+https://github.com/stellar/rs-soroban-env?rev=93120b6b32cd910fcc224cbf6aec1333f771a8bc#93120b6b32cd910fcc224cbf6aec1333f771a8bc"
 dependencies = [
- "itertools",
+ "itertools 0.11.0",
  "proc-macro2",
  "quote",
  "syn",
@@ -943,7 +984,7 @@ name = "soroban-builtin-sdk-macros"
 version = "21.2.0"
 source = "git+https://github.com/stellar/rs-soroban-env?rev=8809852dcf8489f99407a5ceac12625ee3d14693#8809852dcf8489f99407a5ceac12625ee3d14693"
 dependencies = [
- "itertools",
+ "itertools 0.11.0",
  "proc-macro2",
  "quote",
  "syn",
@@ -977,7 +1018,7 @@ dependencies = [
  "soroban-wasmi",
  "static_assertions",
  "stellar-xdr 21.2.0",
- "tracy-client",
+ "tracy-client 0.16.4",
  "wasmparser",
 ]
 
@@ -1034,7 +1075,7 @@ dependencies = [
  "soroban-wasmi",
  "static_assertions",
  "stellar-strkey",
- "tracy-client",
+ "tracy-client 0.16.4",
  "wasmparser",
 ]
 
@@ -1043,7 +1084,7 @@ name = "soroban-env-macros"
 version = "20.3.0"
 source = "git+https://github.com/stellar/rs-soroban-env?rev=93120b6b32cd910fcc224cbf6aec1333f771a8bc#93120b6b32cd910fcc224cbf6aec1333f771a8bc"
 dependencies = [
- "itertools",
+ "itertools 0.11.0",
  "proc-macro2",
  "quote",
  "serde",
@@ -1057,7 +1098,7 @@ name = "soroban-env-macros"
 version = "21.2.0"
 source = "git+https://github.com/stellar/rs-soroban-env?rev=8809852dcf8489f99407a5ceac12625ee3d14693#8809852dcf8489f99407a5ceac12625ee3d14693"
 dependencies = [
- "itertools",
+ "itertools 0.11.0",
  "proc-macro2",
  "quote",
  "serde",
@@ -1122,10 +1163,10 @@ checksum = "a2eb9349b6444b326872e140eb1cf5e7c522154d69e7a0ffb0fb81c06b37543f"
 name = "stellar-core"
 version = "0.1.0"
 dependencies = [
- "base64",
+ "base64 0.22.1",
  "cargo-lock",
  "cxx",
- "itertools",
+ "itertools 0.13.0",
  "log",
  "petgraph",
  "rand",
@@ -1134,8 +1175,8 @@ dependencies = [
  "soroban-env-host 21.2.0",
  "soroban-synth-wasm",
  "soroban-test-wasms",
- "toml",
- "tracy-client",
+ "toml 0.8.8",
+ "tracy-client 0.17.1",
 ]
 
 [[package]]
@@ -1154,7 +1195,7 @@ name = "stellar-xdr"
 version = "20.1.0"
 source = "git+https://github.com/stellar/rs-stellar-xdr?rev=2e0f7f7d42fcd6c3c42eb0d65570fba9f5193d7e#2e0f7f7d42fcd6c3c42eb0d65570fba9f5193d7e"
 dependencies = [
- "base64",
+ "base64 0.13.1",
  "crate-git-revision",
  "escape-bytes",
  "hex",
@@ -1166,7 +1207,7 @@ name = "stellar-xdr"
 version = "21.2.0"
 source = "git+https://github.com/stellar/rs-stellar-xdr?rev=ae805d0f8c28ca86327a834eea9ce7d29b0a63bb#ae805d0f8c28ca86327a834eea9ce7d29b0a63bb"
 dependencies = [
- "base64",
+ "base64 0.13.1",
  "crate-git-revision",
  "escape-bytes",
  "hex",
@@ -1244,7 +1285,19 @@ dependencies = [
  "serde",
  "serde_spanned",
  "toml_datetime",
- "toml_edit",
+ "toml_edit 0.19.15",
+]
+
+[[package]]
+name = "toml"
+version = "0.8.8"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "a1a195ec8c9da26928f773888e0742ca3ca1040c6cd859c919c9f59c1954ab35"
+dependencies = [
+ "serde",
+ "serde_spanned",
+ "toml_datetime",
+ "toml_edit 0.21.1",
 ]
 
 [[package]]
@@ -1269,6 +1322,19 @@ dependencies = [
  "winnow",
 ]
 
+[[package]]
+name = "toml_edit"
+version = "0.21.1"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "6a8534fd7f78b5405e860340ad6575217ce99f38d4d5c8f2442cb5ecb50090e1"
+dependencies = [
+ "indexmap",
+ "serde",
+ "serde_spanned",
+ "toml_datetime",
+ "winnow",
+]
+
 [[package]]
 name = "tracing"
 version = "0.1.37"
@@ -1337,15 +1403,35 @@ version = "0.16.4"
 source = "registry+https://github.com/rust-lang/crates.io-index"
 checksum = "82da0d50d9df1106619b1e5b118f39de779f7d8b9c3504485b291cb16fabd20f"
 dependencies = [
- "loom",
+ "loom 0.5.6",
+ "once_cell",
+ "tracy-client-sys 0.22.2",
+]
+
+[[package]]
+name = "tracy-client"
+version = "0.17.1"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "63de1e1d4115534008d8fd5788b39324d6f58fc707849090533828619351d855"
+dependencies = [
+ "loom 0.7.2",
  "once_cell",
- "tracy-client-sys",
+ "tracy-client-sys 0.23.0",
 ]
 
 [[package]]
 name = "tracy-client-sys"
 version = "0.22.2"
 
+[[package]]
+name = "tracy-client-sys"
+version = "0.23.0"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "98b98232a2447ce0a58f9a0bfb5f5e39647b5c597c994b63945fcccd1306fafb"
+dependencies = [
+ "cc",
+]
+
 [[package]]
 name = "typenum"
 version = "1.16.0"
@@ -1528,7 +1614,71 @@ version = "0.48.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
 checksum = "e686886bc078bc1b0b600cac0147aadb815089b6e4da64016cbd754b6342700f"
 dependencies = [
- "windows-targets",
+ "windows-targets 0.48.1",
+]
+
+[[package]]
+name = "windows"
+version = "0.58.0"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "dd04d41d93c4992d421894c18c8b43496aa748dd4c081bac0dc93eb0489272b6"
+dependencies = [
+ "windows-core",
+ "windows-targets 0.52.6",
+]
+
+[[package]]
+name = "windows-core"
+version = "0.58.0"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "6ba6d44ec8c2591c134257ce647b7ea6b20335bf6379a27dac5f1641fcf59f99"
+dependencies = [
+ "windows-implement",
+ "windows-interface",
+ "windows-result",
+ "windows-strings",
+ "windows-targets 0.52.6",
+]
+
+[[package]]
+name = "windows-implement"
+version = "0.58.0"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "2bbd5b46c938e506ecbce286b6628a02171d56153ba733b6c741fc627ec9579b"
+dependencies = [
+ "proc-macro2",
+ "quote",
+ "syn",
+]
+
+[[package]]
+name = "windows-interface"
+version = "0.58.0"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "053c4c462dc91d3b1504c6fe5a726dd15e216ba718e84a0e46a88fbe5ded3515"
+dependencies = [
+ "proc-macro2",
+ "quote",
+ "syn",
+]
+
+[[package]]
+name = "windows-result"
+version = "0.2.0"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "1d1043d8214f791817bab27572aaa8af63732e11bf84aa21a45a78d6c317ae0e"
+dependencies = [
+ "windows-targets 0.52.6",
+]
+
+[[package]]
+name = "windows-strings"
+version = "0.1.0"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "4cd9b125c486025df0eabcb585e62173c6c9eddcec5d117d3b6e8c30e2ee4d10"
+dependencies = [
+ "windows-result",
+ "windows-targets 0.52.6",
 ]
 
 [[package]]
@@ -1537,13 +1687,29 @@ version = "0.48.1"
 source = "registry+https://github.com/rust-lang/crates.io-index"
 checksum = "05d4b17490f70499f20b9e791dcf6a299785ce8af4d709018206dc5b4953e95f"
 dependencies = [
- "windows_aarch64_gnullvm",
- "windows_aarch64_msvc",
- "windows_i686_gnu",
- "windows_i686_msvc",
- "windows_x86_64_gnu",
- "windows_x86_64_gnullvm",
- "windows_x86_64_msvc",
+ "windows_aarch64_gnullvm 0.48.0",
+ "windows_aarch64_msvc 0.48.0",
+ "windows_i686_gnu 0.48.0",
+ "windows_i686_msvc 0.48.0",
+ "windows_x86_64_gnu 0.48.0",
+ "windows_x86_64_gnullvm 0.48.0",
+ "windows_x86_64_msvc 0.48.0",
+]
+
+[[package]]
+name = "windows-targets"
+version = "0.52.6"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "9b724f72796e036ab90c1021d4780d4d3d648aca59e491e6b98e725b84e99973"
+dependencies = [
+ "windows_aarch64_gnullvm 0.52.6",
+ "windows_aarch64_msvc 0.52.6",
+ "windows_i686_gnu 0.52.6",
+ "windows_i686_gnullvm",
+ "windows_i686_msvc 0.52.6",
+ "windows_x86_64_gnu 0.52.6",
+ "windows_x86_64_gnullvm 0.52.6",
+ "windows_x86_64_msvc 0.52.6",
 ]
 
 [[package]]
@@ -1552,42 +1718,90 @@ version = "0.48.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
 checksum = "91ae572e1b79dba883e0d315474df7305d12f569b400fcf90581b06062f7e1bc"
 
+[[package]]
+name = "windows_aarch64_gnullvm"
+version = "0.52.6"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "32a4622180e7a0ec044bb555404c800bc9fd9ec262ec147edd5989ccd0c02cd3"
+
 [[package]]
 name = "windows_aarch64_msvc"
 version = "0.48.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
 checksum = "b2ef27e0d7bdfcfc7b868b317c1d32c641a6fe4629c171b8928c7b08d98d7cf3"
 
+[[package]]
+name = "windows_aarch64_msvc"
+version = "0.52.6"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "09ec2a7bb152e2252b53fa7803150007879548bc709c039df7627cabbd05d469"
+
 [[package]]
 name = "windows_i686_gnu"
 version = "0.48.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
 checksum = "622a1962a7db830d6fd0a69683c80a18fda201879f0f447f065a3b7467daa241"
 
+[[package]]
+name = "windows_i686_gnu"
+version = "0.52.6"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "8e9b5ad5ab802e97eb8e295ac6720e509ee4c243f69d781394014ebfe8bbfa0b"
+
+[[package]]
+name = "windows_i686_gnullvm"
+version = "0.52.6"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "0eee52d38c090b3caa76c563b86c3a4bd71ef1a819287c19d586d7334ae8ed66"
+
 [[package]]
 name = "windows_i686_msvc"
 version = "0.48.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
 checksum = "4542c6e364ce21bf45d69fdd2a8e455fa38d316158cfd43b3ac1c5b1b19f8e00"
 
+[[package]]
+name = "windows_i686_msvc"
+version = "0.52.6"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "240948bc05c5e7c6dabba28bf89d89ffce3e303022809e73deaefe4f6ec56c66"
+
 [[package]]
 name = "windows_x86_64_gnu"
 version = "0.48.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
 checksum = "ca2b8a661f7628cbd23440e50b05d705db3686f894fc9580820623656af974b1"
 
+[[package]]
+name = "windows_x86_64_gnu"
+version = "0.52.6"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "147a5c80aabfbf0c7d901cb5895d1de30ef2907eb21fbbab29ca94c5b08b1a78"
+
 [[package]]
 name = "windows_x86_64_gnullvm"
 version = "0.48.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
 checksum = "7896dbc1f41e08872e9d5e8f8baa8fdd2677f29468c4e156210174edc7f7b953"
 
+[[package]]
+name = "windows_x86_64_gnullvm"
+version = "0.52.6"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "24d5b23dc417412679681396f2b49f3de8c1473deb516bd34410872eff51ed0d"
+
 [[package]]
 name = "windows_x86_64_msvc"
 version = "0.48.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
 checksum = "1a515f5799fe4961cb532f983ce2b23082366b898e52ffbce459c86f67c8378a"
 
+[[package]]
+name = "windows_x86_64_msvc"
+version = "0.52.6"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "589f6da84c646204747d1270a2a5661ea66ed1cced2631d546fdfb155959f9ec"
+
 [[package]]
 name = "winnow"
 version = "0.5.19"
diff --git a/src/rust/Cargo.toml b/src/rust/Cargo.toml
index 345c338679..5b3ad69f17 100644
--- a/src/rust/Cargo.toml
+++ b/src/rust/Cargo.toml
@@ -10,18 +10,18 @@ name = "rust_stellar_core"
 crate-type = ["staticlib"]
 
 [dependencies]
-log = "=0.4.19"
-tracy-client = { version = "=0.16.4", features = ["enable"], default-features = false, optional = true}
-cxx = "=1.0.97"
-base64 = "=0.13.1"
-rustc-simple-version = "=0.1.0"
+log = "=0.4.22"
+tracy-client = { version = "=0.17.1", features = ["enable"], default-features = false, optional = true}
+cxx = "=1.0.112"
+base64 = "=0.22.1"
+rustc-simple-version = "=0.1.1"
 # NB: this must match the same rand version used by soroban (but the tooling
 # will complain if it does not match)
 rand = "=0.8.5"
 
-petgraph = "=0.6.4"
-toml = "=0.7.8"
-itertools = "=0.11.0"
+petgraph = "=0.6.5"
+toml = "=0.8.8"
+itertools = "=0.13.0"
 
 # This copy of the soroban host is always enabled, and should always point to a
 # version that supports stellar-core's Config::CURRENT_LEDGER_PROTOCOL_VERSION.