diff --git a/Cargo.lock b/Cargo.lock
index 81000c6053..d90a5964b3 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -2239,7 +2239,7 @@ dependencies = [
  "pin-project-lite",
  "socket2",
  "tokio",
- "tower",
+ "tower 0.4.13",
  "tower-service",
  "tracing",
 ]
@@ -2563,7 +2563,7 @@ dependencies = [
  "serde_json",
  "thiserror",
  "tokio",
- "tower",
+ "tower 0.4.13",
  "tracing",
  "url",
 ]
@@ -2592,7 +2592,7 @@ dependencies = [
  "tokio",
  "tokio-stream",
  "tokio-util",
- "tower",
+ "tower 0.4.13",
  "tracing",
 ]
 
@@ -4945,7 +4945,7 @@ dependencies = [
  "thiserror",
  "tokio",
  "tokio-util",
- "tower",
+ "tower 0.5.1",
  "tracing",
  "tracing-subscriber 0.3.18",
  "url",
@@ -5414,17 +5414,27 @@ dependencies = [
  "tracing",
 ]
 
+[[package]]
+name = "tower"
+version = "0.5.1"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "2873938d487c3cfb9aed7546dc9f2711d867c9f90c46b889989a2cb84eba6b4f"
+dependencies = [
+ "tower-layer",
+ "tower-service",
+]
+
 [[package]]
 name = "tower-layer"
-version = "0.3.2"
+version = "0.3.3"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "c20c8dbed6283a09604c3e69b4b7eeb54e298b8a600d4d5ecb5ad39de609f1d0"
+checksum = "121c2a6cda46980bb0fcd1647ffaf6cd3fc79a013de288782836f6df9c48780e"
 
 [[package]]
 name = "tower-service"
-version = "0.3.2"
+version = "0.3.3"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "b6bc1c9ce2b5135ac7f93c72918fc37feb872bdc6a5533a8b85eb4b86bfdae52"
+checksum = "8df9b6e13f2d32c91b9bd719c00d1958837bc7dec474d94952798cc8e69eeec3"
 
 [[package]]
 name = "tracing"
diff --git a/subxt/Cargo.toml b/subxt/Cargo.toml
index 0ccffb7d7b..45004ac2f6 100644
--- a/subxt/Cargo.toml
+++ b/subxt/Cargo.toml
@@ -136,7 +136,7 @@ subxt-signer = { path = "../signer", features = ["unstable-eth"] }
 tracing-subscriber = { workspace = true }
 # These deps are needed to test the reconnecting rpc client
 jsonrpsee = { workspace = true, features = ["server"] }
-tower = "0.4"
+tower = "0.5"
 hyper = "1"
 http-body = "1"