diff --git a/ci/rust-version.sh b/ci/rust-version.sh
index 3b3dc85aaf606b..c55d5ba4462998 100644
--- a/ci/rust-version.sh
+++ b/ci/rust-version.sh
@@ -29,7 +29,7 @@ fi
 if [[ -n $RUST_NIGHTLY_VERSION ]]; then
   nightly_version="$RUST_NIGHTLY_VERSION"
 else
-  nightly_version=2024-07-21
+  nightly_version=2024-08-08
 fi
 
 
diff --git a/rust-toolchain.toml b/rust-toolchain.toml
index 4d2dee853e4395..a56a283d2abc1b 100644
--- a/rust-toolchain.toml
+++ b/rust-toolchain.toml
@@ -1,2 +1,2 @@
 [toolchain]
-channel = "1.80.0"
+channel = "1.80.1"