diff --git a/programs/bpf/tests/programs.rs b/programs/bpf/tests/programs.rs
index c7a3358ff8..75631f4766 100644
--- a/programs/bpf/tests/programs.rs
+++ b/programs/bpf/tests/programs.rs
@@ -1408,7 +1408,7 @@ fn assert_instruction_count() {
             ("solana_bpf_rust_param_passing", 46),
             ("solana_bpf_rust_rand", 498),
             ("solana_bpf_rust_sanity", 917),
-            ("solana_bpf_rust_secp256k1_recover", 306),
+            ("solana_bpf_rust_secp256k1_recover", 612),
             ("solana_bpf_rust_sha", 29131),
         ]);
     }
diff --git a/sdk/bpf/scripts/install.sh b/sdk/bpf/scripts/install.sh
index 0117b235e5..fe44783753 100755
--- a/sdk/bpf/scripts/install.sh
+++ b/sdk/bpf/scripts/install.sh
@@ -92,7 +92,7 @@ if [[ ! -e criterion-$version.md || ! -e criterion ]]; then
 fi
 
 # Install Rust-BPF
-version=v1.20
+version=v1.23
 if [[ ! -e bpf-tools-$version.md || ! -e bpf-tools ]]; then
   (
     set -e
diff --git a/sdk/cargo-build-bpf/src/main.rs b/sdk/cargo-build-bpf/src/main.rs
index 5b449d021f..ee840acb75 100644
--- a/sdk/cargo-build-bpf/src/main.rs
+++ b/sdk/cargo-build-bpf/src/main.rs
@@ -476,7 +476,7 @@ fn build_bpf_package(config: &Config, target_directory: &Path, package: &cargo_m
         eprintln!("Can't get home directory path: {}", err);
         exit(1);
     }));
-    let version = "v1.20";
+    let version = "v1.23";
     let package = "bpf-tools";
     let target_path = home_dir
         .join(".cache")