diff --git a/ci/docker-rust-nightly/Dockerfile b/ci/docker-rust-nightly/Dockerfile
index 3f2703b5f494f6..fbd0903a075351 100644
--- a/ci/docker-rust-nightly/Dockerfile
+++ b/ci/docker-rust-nightly/Dockerfile
@@ -1,4 +1,4 @@
-FROM solanalabs/rust:1.69.0
+FROM solanalabs/rust:1.72.0
 ARG date
 
 RUN set -x \
diff --git a/ci/docker-rust/Dockerfile b/ci/docker-rust/Dockerfile
index ab93615468eb83..07fb9e973e0062 100644
--- a/ci/docker-rust/Dockerfile
+++ b/ci/docker-rust/Dockerfile
@@ -1,6 +1,6 @@
 # Note: when the rust version is changed also modify
 # ci/rust-version.sh to pick up the new image tag
-FROM rust:1.69.0
+FROM rust:1.72.0
 
 RUN set -x \
  && apt update \
diff --git a/rust-toolchain.toml b/rust-toolchain.toml
index f2415f8315ca86..743f7cd993d6a8 100644
--- a/rust-toolchain.toml
+++ b/rust-toolchain.toml
@@ -1,2 +1,2 @@
 [toolchain]
-channel = "1.69.0"
+channel = "1.72.0"