diff --git a/Cargo.lock b/Cargo.lock
index 68c144b3f177e..f6b29394d74fa 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -9208,18 +9208,18 @@ dependencies = [
 
 [[package]]
 name = "secp256k1"
-version = "0.24.2"
+version = "0.26.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "d9512ffd81e3a3503ed401f79c33168b9148c75038956039166cd750eaa037c3"
+checksum = "4124a35fe33ae14259c490fd70fa199a32b9ce9502f2ee6bc4f81ec06fa65894"
 dependencies = [
  "secp256k1-sys",
 ]
 
 [[package]]
 name = "secp256k1-sys"
-version = "0.6.1"
+version = "0.8.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "83080e2c2fc1006e625be82e5d1eb6a43b7fd9578b617fcc55814daf286bba4b"
+checksum = "642a62736682fdd8c71da0eb273e453c8ac74e33b9fb310e22ba5b03ec7651ff"
 dependencies = [
  "cc",
 ]
diff --git a/primitives/core/Cargo.toml b/primitives/core/Cargo.toml
index 68c780c473f0a..0a854f87745a7 100644
--- a/primitives/core/Cargo.toml
+++ b/primitives/core/Cargo.toml
@@ -52,7 +52,7 @@ schnorrkel = { version = "0.9.1", features = [
 ], default-features = false, optional = true }
 libsecp256k1 = { version = "0.7", default-features = false, features = ["static-context"], optional = true }
 merlin = { version = "2.0", default-features = false, optional = true }
-secp256k1 = { version = "0.24.0", default-features = false, features = ["recovery", "alloc"], optional = true }
+secp256k1 = { version = "0.26.0", default-features = false, features = ["recovery", "alloc"], optional = true }
 ss58-registry = { version = "1.34.0", default-features = false }
 sp-core-hashing = { version = "5.0.0", path = "./hashing", default-features = false, optional = true }
 sp-runtime-interface = { version = "7.0.0", default-features = false, path = "../runtime-interface" }
diff --git a/primitives/io/Cargo.toml b/primitives/io/Cargo.toml
index d83c82c02227b..5d9d1c7ce5022 100644
--- a/primitives/io/Cargo.toml
+++ b/primitives/io/Cargo.toml
@@ -28,7 +28,7 @@ sp-externalities = { version = "0.13.0", default-features = false, path = "../ex
 sp-tracing = { version = "6.0.0", default-features = false, path = "../tracing" }
 log = { version = "0.4.17", optional = true }
 futures = { version = "0.3.21", features = ["thread-pool"], optional = true }
-secp256k1 = { version = "0.24.0", features = ["recovery", "global-context"], optional = true }
+secp256k1 = { version = "0.26.0", features = ["recovery", "global-context"], optional = true }
 tracing = { version = "0.1.29", default-features = false }
 tracing-core = { version = "0.1.28", default-features = false}