diff --git a/rust-toolset.spec b/rust-toolset.spec
index 0700471..c6e6b92 100644
--- a/rust-toolset.spec
+++ b/rust-toolset.spec
@@ -1,7 +1,7 @@
 Summary:        Package that installs rust-toolset
 Name:           rust-toolset
-Version:        1.54.0
-Release:        2%{?dist}
+Version:        1.55.0
+Release:        1%{?dist}
 License:        ASL 2.0 or MIT
 
 Source0:        macros.%{name}
@@ -21,6 +21,9 @@ This is the main package for rust-toolset.
 %{rpmmacrodir}/macros.%{name}
 
 %changelog
+* Fri Oct 29 2021 Josh Stone <jistone@redhat.com> - 1.55.0-1
+- Update to Rust and Cargo 1.55.0.
+
 * Tue Aug 10 2021 Mohan Boddu <mboddu@redhat.com> - 1.54.0-2
 - Rebuilt for IMA sigs, glibc 2.34, aarch64 flags
   Related: rhbz#1991688