diff --git a/Cargo.lock b/Cargo.lock
index 33bca4005483c..36fc81deffe0c 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -12,22 +12,13 @@ dependencies = [
  "regex",
 ]
 
-[[package]]
-name = "addr2line"
-version = "0.17.0"
-source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "b9ecd88a8c8378ca913a680cd98f0f13ac67383d35993f86c90a70e3f137816b"
-dependencies = [
- "gimli 0.26.2",
-]
-
 [[package]]
 name = "addr2line"
 version = "0.19.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
 checksum = "a76fd60b23679b7d19bd066031410fb7e458ccc5e958eb5c325888ce4baedc97"
 dependencies = [
- "gimli 0.27.2",
+ "gimli",
 ]
 
 [[package]]
@@ -463,12 +454,12 @@ version = "0.3.67"
 source = "registry+https://github.com/rust-lang/crates.io-index"
 checksum = "233d376d6d185f2a3093e58f283f60f880315b6c60075b01f36b3b85154564ca"
 dependencies = [
- "addr2line 0.19.0",
+ "addr2line",
  "cc",
  "cfg-if",
  "libc",
  "miniz_oxide",
- "object 0.30.3",
+ "object",
  "rustc-demangle",
 ]
 
@@ -1160,28 +1151,27 @@ dependencies = [
 
 [[package]]
 name = "cranelift-bforest"
-version = "0.93.1"
+version = "0.95.1"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "a7379abaacee0f14abf3204a7606118f0465785252169d186337bcb75030815a"
+checksum = "1277fbfa94bc82c8ec4af2ded3e639d49ca5f7f3c7eeab2c66accd135ece4e70"
 dependencies = [
  "cranelift-entity",
 ]
 
 [[package]]
 name = "cranelift-codegen"
-version = "0.93.1"
+version = "0.95.1"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "9489fa336927df749631f1008007ced2871068544f40a202ce6d93fbf2366a7b"
+checksum = "c6e8c31ad3b2270e9aeec38723888fe1b0ace3bea2b06b3f749ccf46661d3220"
 dependencies = [
- "arrayvec 0.7.2",
  "bumpalo",
  "cranelift-bforest",
  "cranelift-codegen-meta",
  "cranelift-codegen-shared",
  "cranelift-entity",
  "cranelift-isle",
- "gimli 0.26.2",
- "hashbrown 0.12.3",
+ "gimli",
+ "hashbrown 0.13.2",
  "log",
  "regalloc2",
  "smallvec",
@@ -1190,33 +1180,33 @@ dependencies = [
 
 [[package]]
 name = "cranelift-codegen-meta"
-version = "0.93.1"
+version = "0.95.1"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "05bbb67da91ec721ed57cef2f7c5ef7728e1cd9bde9ffd3ef8601022e73e3239"
+checksum = "c8ac5ac30d62b2d66f12651f6b606dbdfd9c2cfd0908de6b387560a277c5c9da"
 dependencies = [
  "cranelift-codegen-shared",
 ]
 
 [[package]]
 name = "cranelift-codegen-shared"
-version = "0.93.1"
+version = "0.95.1"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "418ecb2f36032f6665dc1a5e2060a143dbab41d83b784882e97710e890a7a16d"
+checksum = "dd82b8b376247834b59ed9bdc0ddeb50f517452827d4a11bccf5937b213748b8"
 
 [[package]]
 name = "cranelift-entity"
-version = "0.93.1"
+version = "0.95.1"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "7cf583f7b093f291005f9fb1323e2c37f6ee4c7909e39ce016b2e8360d461705"
+checksum = "40099d38061b37e505e63f89bab52199037a72b931ad4868d9089ff7268660b0"
 dependencies = [
  "serde",
 ]
 
 [[package]]
 name = "cranelift-frontend"
-version = "0.93.1"
+version = "0.95.1"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "0b66bf9e916f57fbbd0f7703ec6286f4624866bf45000111627c70d272c8dda1"
+checksum = "64a25d9d0a0ae3079c463c34115ec59507b4707175454f0eee0891e83e30e82d"
 dependencies = [
  "cranelift-codegen",
  "log",
@@ -1226,15 +1216,15 @@ dependencies = [
 
 [[package]]
 name = "cranelift-isle"
-version = "0.93.1"
+version = "0.95.1"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "649782a39ce99798dd6b4029e2bb318a2fbeaade1b4fa25330763c10c65bc358"
+checksum = "80de6a7d0486e4acbd5f9f87ec49912bf4c8fb6aea00087b989685460d4469ba"
 
 [[package]]
 name = "cranelift-native"
-version = "0.93.1"
+version = "0.95.1"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "937e021e089c51f9749d09e7ad1c4f255c2f8686cb8c3df63a34b3ec9921bc41"
+checksum = "bb6b03e0e03801c4b3fd8ce0758a94750c07a44e7944cc0ffbf0d3f2e7c79b00"
 dependencies = [
  "cranelift-codegen",
  "libc",
@@ -1243,9 +1233,9 @@ dependencies = [
 
 [[package]]
 name = "cranelift-wasm"
-version = "0.93.1"
+version = "0.95.1"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "d850cf6775477747c9dfda9ae23355dd70512ffebc70cf82b85a5b111ae668b5"
+checksum = "ff3220489a3d928ad91e59dd7aeaa8b3de18afb554a6211213673a71c90737ac"
 dependencies = [
  "cranelift-codegen",
  "cranelift-entity",
@@ -2856,21 +2846,15 @@ dependencies = [
 
 [[package]]
 name = "gimli"
-version = "0.26.2"
+version = "0.27.2"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "22030e2c5a68ec659fde1e949a745124b48e6fa8b045b7ed5bd1fe4ccc5c4e5d"
+checksum = "ad0a93d233ebf96623465aad4046a8d3aa4da22d4f4beba5388838c8a434bbb4"
 dependencies = [
  "fallible-iterator",
  "indexmap",
  "stable_deref_trait",
 ]
 
-[[package]]
-name = "gimli"
-version = "0.27.2"
-source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "ad0a93d233ebf96623465aad4046a8d3aa4da22d4f4beba5388838c8a434bbb4"
-
 [[package]]
 name = "git2"
 version = "0.16.1"
@@ -5393,24 +5377,15 @@ dependencies = [
  "libc",
 ]
 
-[[package]]
-name = "object"
-version = "0.29.0"
-source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "21158b2c33aa6d4561f1c0a6ea283ca92bc54802a93b263e910746d679a7eb53"
-dependencies = [
- "crc32fast",
- "hashbrown 0.12.3",
- "indexmap",
- "memchr",
-]
-
 [[package]]
 name = "object"
 version = "0.30.3"
 source = "registry+https://github.com/rust-lang/crates.io-index"
 checksum = "ea86265d3d3dcb6a27fc51bd29a4bf387fae9d2986b823079d4986af253eb439"
 dependencies = [
+ "crc32fast",
+ "hashbrown 0.13.2",
+ "indexmap",
  "memchr",
 ]
 
@@ -7883,9 +7858,9 @@ dependencies = [
 
 [[package]]
 name = "regalloc2"
-version = "0.5.1"
+version = "0.6.1"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "300d4fbfb40c1c66a78ba3ddd41c1110247cf52f97b87d0f2fc9209bd49b030c"
+checksum = "80535183cae11b149d618fbd3c37e38d7cda589d82d7769e196ca9a9042d7621"
 dependencies = [
  "fxhash",
  "log",
@@ -12414,9 +12389,9 @@ dependencies = [
 
 [[package]]
 name = "wasmparser"
-version = "0.100.0"
+version = "0.102.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "64b20236ab624147dfbb62cf12a19aaf66af0e41b8398838b66e997d07d269d4"
+checksum = "48134de3d7598219ab9eaf6b91b15d8e50d31da76b8519fe4ecfcec2cf35104b"
 dependencies = [
  "indexmap",
  "url",
@@ -12433,9 +12408,9 @@ dependencies = [
 
 [[package]]
 name = "wasmtime"
-version = "6.0.1"
+version = "8.0.1"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "f6e89f9819523447330ffd70367ef4a18d8c832e24e8150fe054d1d912841632"
+checksum = "f907fdead3153cb9bfb7a93bbd5b62629472dc06dee83605358c64c52ed3dda9"
 dependencies = [
  "anyhow",
  "bincode",
@@ -12443,7 +12418,7 @@ dependencies = [
  "indexmap",
  "libc",
  "log",
- "object 0.29.0",
+ "object",
  "once_cell",
  "paste",
  "psm",
@@ -12456,26 +12431,26 @@ dependencies = [
  "wasmtime-environ",
  "wasmtime-jit",
  "wasmtime-runtime",
- "windows-sys 0.42.0",
+ "windows-sys 0.45.0",
 ]
 
 [[package]]
 name = "wasmtime-asm-macros"
-version = "6.0.1"
+version = "8.0.1"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "9bd3a5e46c198032da934469f3a6e48649d1f9142438e4fd4617b68a35644b8a"
+checksum = "d3b9daa7c14cd4fa3edbf69de994408d5f4b7b0959ac13fa69d465f6597f810d"
 dependencies = [
  "cfg-if",
 ]
 
 [[package]]
 name = "wasmtime-cache"
-version = "6.0.1"
+version = "8.0.1"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "b389ae9b678b9c3851091a4804f4182d688d27aff7abc9aa37fa7be37d8ecffa"
+checksum = "c86437fa68626fe896e5afc69234bb2b5894949083586535f200385adfd71213"
 dependencies = [
  "anyhow",
- "base64 0.13.1",
+ "base64 0.21.0",
  "bincode",
  "directories-next",
  "file-per-thread-logger",
@@ -12484,15 +12459,15 @@ dependencies = [
  "serde",
  "sha2 0.10.6",
  "toml",
- "windows-sys 0.42.0",
+ "windows-sys 0.45.0",
  "zstd",
 ]
 
 [[package]]
 name = "wasmtime-cranelift"
-version = "6.0.1"
+version = "8.0.1"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "59b2c92a08c0db6efffd88fdc97d7aa9c7c63b03edb0971dbca745469f820e8c"
+checksum = "b1cefde0cce8cb700b1b21b6298a3837dba46521affd7b8c38a9ee2c869eee04"
 dependencies = [
  "anyhow",
  "cranelift-codegen",
@@ -12500,27 +12475,43 @@ dependencies = [
  "cranelift-frontend",
  "cranelift-native",
  "cranelift-wasm",
- "gimli 0.26.2",
+ "gimli",
  "log",
- "object 0.29.0",
+ "object",
  "target-lexicon",
  "thiserror",
  "wasmparser",
+ "wasmtime-cranelift-shared",
+ "wasmtime-environ",
+]
+
+[[package]]
+name = "wasmtime-cranelift-shared"
+version = "8.0.1"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "cd041e382ef5aea1b9fc78442394f1a4f6d676ce457e7076ca4cb3f397882f8b"
+dependencies = [
+ "anyhow",
+ "cranelift-codegen",
+ "cranelift-native",
+ "gimli",
+ "object",
+ "target-lexicon",
  "wasmtime-environ",
 ]
 
 [[package]]
 name = "wasmtime-environ"
-version = "6.0.1"
+version = "8.0.1"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "9a6db9fc52985ba06ca601f2ff0ff1f526c5d724c7ac267b47326304b0c97883"
+checksum = "a990198cee4197423045235bf89d3359e69bd2ea031005f4c2d901125955c949"
 dependencies = [
  "anyhow",
  "cranelift-entity",
- "gimli 0.26.2",
+ "gimli",
  "indexmap",
  "log",
- "object 0.29.0",
+ "object",
  "serde",
  "target-lexicon",
  "thiserror",
@@ -12530,18 +12521,18 @@ dependencies = [
 
 [[package]]
 name = "wasmtime-jit"
-version = "6.0.1"
+version = "8.0.1"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "b77e3a52cd84d0f7f18554afa8060cfe564ccac61e3b0802d3fd4084772fa5f6"
+checksum = "0de48df552cfca1c9b750002d3e07b45772dd033b0b206d5c0968496abf31244"
 dependencies = [
- "addr2line 0.17.0",
+ "addr2line",
  "anyhow",
  "bincode",
  "cfg-if",
  "cpp_demangle",
- "gimli 0.26.2",
+ "gimli",
  "log",
- "object 0.29.0",
+ "object",
  "rustc-demangle",
  "serde",
  "target-lexicon",
@@ -12549,36 +12540,36 @@ dependencies = [
  "wasmtime-jit-debug",
  "wasmtime-jit-icache-coherence",
  "wasmtime-runtime",
- "windows-sys 0.42.0",
+ "windows-sys 0.45.0",
 ]
 
 [[package]]
 name = "wasmtime-jit-debug"
-version = "6.0.1"
+version = "8.0.1"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "d0245e8a9347017c7185a72e215218a802ff561545c242953c11ba00fccc930f"
+checksum = "6e0554b84c15a27d76281d06838aed94e13a77d7bf604bbbaf548aa20eb93846"
 dependencies = [
- "object 0.29.0",
+ "object",
  "once_cell",
  "rustix 0.36.8",
 ]
 
 [[package]]
 name = "wasmtime-jit-icache-coherence"
-version = "6.0.1"
+version = "8.0.1"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "67d412e9340ab1c83867051d8d1d7c90aa8c9afc91da086088068e2734e25064"
+checksum = "aecae978b13f7f67efb23bd827373ace4578f2137ec110bbf6a4a7cde4121bbd"
 dependencies = [
  "cfg-if",
  "libc",
- "windows-sys 0.42.0",
+ "windows-sys 0.45.0",
 ]
 
 [[package]]
 name = "wasmtime-runtime"
-version = "6.0.1"
+version = "8.0.1"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "d594e791b5fdd4dbaf8cf7ae62f2e4ff85018ce90f483ca6f42947688e48827d"
+checksum = "658cf6f325232b6760e202e5255d823da5e348fdea827eff0a2a22319000b441"
 dependencies = [
  "anyhow",
  "cc",
@@ -12588,21 +12579,21 @@ dependencies = [
  "log",
  "mach",
  "memfd",
- "memoffset 0.6.5",
+ "memoffset 0.8.0",
  "paste",
  "rand 0.8.5",
  "rustix 0.36.8",
  "wasmtime-asm-macros",
  "wasmtime-environ",
  "wasmtime-jit-debug",
- "windows-sys 0.42.0",
+ "windows-sys 0.45.0",
 ]
 
 [[package]]
 name = "wasmtime-types"
-version = "6.0.1"
+version = "8.0.1"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "a6688d6f96d4dbc1f89fab626c56c1778936d122b5f4ae7a57c2eb42b8d982e2"
+checksum = "a4f6fffd2a1011887d57f07654dd112791e872e3ff4a2e626aee8059ee17f06f"
 dependencies = [
  "cranelift-entity",
  "serde",
diff --git a/client/executor/wasmtime/Cargo.toml b/client/executor/wasmtime/Cargo.toml
index bffccd12badfb..90172c37a20bb 100644
--- a/client/executor/wasmtime/Cargo.toml
+++ b/client/executor/wasmtime/Cargo.toml
@@ -19,7 +19,7 @@ libc = "0.2.121"
 
 # When bumping wasmtime do not forget to also bump rustix
 # to exactly the same version as used by wasmtime!
-wasmtime = { version = "6.0.1", default-features = false, features = [
+wasmtime = { version = "8.0.1", default-features = false, features = [
 	"cache",
 	"cranelift",
 	"jitdump",
diff --git a/primitives/wasm-interface/Cargo.toml b/primitives/wasm-interface/Cargo.toml
index 441d66f0fb064..11804d705c20b 100644
--- a/primitives/wasm-interface/Cargo.toml
+++ b/primitives/wasm-interface/Cargo.toml
@@ -18,7 +18,7 @@ codec = { package = "parity-scale-codec", version = "3.2.2", default-features =
 impl-trait-for-tuples = "0.2.2"
 log = { version = "0.4.17", optional = true }
 wasmi = { version = "0.13.2", optional = true }
-wasmtime = { version = "6.0.1", default-features = false, optional = true }
+wasmtime = { version = "8.0.1", default-features = false, optional = true }
 anyhow = { version = "1.0.68", optional = true }
 sp-std = { version = "5.0.0", default-features = false, path = "../std" }