diff --git a/Cargo.lock b/Cargo.lock
index cad29e3b3f94..87d6857d1a93 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -9913,9 +9913,9 @@ dependencies = [
 
 [[package]]
 name = "scale-info"
-version = "2.1.2"
+version = "2.5.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "c46be926081c9f4dd5dd9b6f1d3e3229f2360bc6502dd8836f84a93b7c75e99a"
+checksum = "0cfdffd972d76b22f3d7f81c8be34b2296afd3a25e0a547bd9abe340a4dbbe97"
 dependencies = [
  "bitvec",
  "cfg-if",
@@ -9927,9 +9927,9 @@ dependencies = [
 
 [[package]]
 name = "scale-info-derive"
-version = "2.1.2"
+version = "2.5.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "50e334bb10a245e28e5fd755cabcafd96cfcd167c99ae63a46924ca8d8703a3c"
+checksum = "61fa974aea2d63dd18a4ec3a49d59af9f34178c73a4f56d2f18205628d00681e"
 dependencies = [
  "proc-macro-crate",
  "proc-macro2",
@@ -12335,7 +12335,7 @@ checksum = "97fee6b57c6a41524a810daee9286c02d7752c4253064d0b05472833a438f675"
 dependencies = [
  "cfg-if",
  "digest 0.10.3",
- "rand 0.7.3",
+ "rand 0.8.5",
  "static_assertions",
 ]
 
diff --git a/core-primitives/Cargo.toml b/core-primitives/Cargo.toml
index bad5533f9d1d..af76fbd8cfef 100644
--- a/core-primitives/Cargo.toml
+++ b/core-primitives/Cargo.toml
@@ -8,7 +8,7 @@ edition.workspace = true
 sp-core = { git = "https://github.com/paritytech/substrate", branch = "master", default-features = false }
 sp-std = { git = "https://github.com/paritytech/substrate", branch = "master", default-features = false }
 sp-runtime = { git = "https://github.com/paritytech/substrate", branch = "master", default-features = false }
-scale-info = { version = "2.1.2", default-features = false, features = ["derive"] }
+scale-info = { version = "2.5.0", default-features = false, features = ["derive"] }
 parity-scale-codec = { version = "3.1.5", default-features = false, features = [ "derive" ] }
 
 [features]
diff --git a/parachain/Cargo.toml b/parachain/Cargo.toml
index d203bd3ed9f6..c6e0def30834 100644
--- a/parachain/Cargo.toml
+++ b/parachain/Cargo.toml
@@ -10,7 +10,7 @@ version.workspace = true
 # this crate for WASM. This is critical to avoid forcing all parachain WASM into implementing
 # various unnecessary Substrate-specific endpoints.
 parity-scale-codec = { version = "3.1.5", default-features = false, features = [ "derive" ] }
-scale-info = { version = "2.1.2", default-features = false, features = ["derive"] }
+scale-info = { version = "2.5.0", default-features = false, features = ["derive"] }
 sp-std = { git = "https://github.com/paritytech/substrate", branch = "master", default-features = false }
 sp-runtime = { git = "https://github.com/paritytech/substrate", branch = "master", default-features = false }
 sp-core = { git = "https://github.com/paritytech/substrate", branch = "master", default-features = false }
diff --git a/primitives/Cargo.toml b/primitives/Cargo.toml
index 43df39e26bde..d287221cb4c6 100644
--- a/primitives/Cargo.toml
+++ b/primitives/Cargo.toml
@@ -8,7 +8,7 @@ edition.workspace = true
 bitvec = { version = "1.0.0", default-features = false, features = ["alloc"] }
 hex-literal = "0.3.4"
 parity-scale-codec = { version = "3.1.5", default-features = false, features = ["bit-vec", "derive"] }
-scale-info = { version = "2.1.2", default-features = false, features = ["bit-vec", "derive"] }
+scale-info = { version = "2.5.0", default-features = false, features = ["bit-vec", "derive"] }
 serde = { version = "1.0.137", optional = true, features = ["derive"] }
 
 application-crypto = { package = "sp-application-crypto", git = "https://github.com/paritytech/substrate", branch = "master", default-features = false }
diff --git a/runtime/common/Cargo.toml b/runtime/common/Cargo.toml
index 2fbc67eb974d..1f2ea8edefba 100644
--- a/runtime/common/Cargo.toml
+++ b/runtime/common/Cargo.toml
@@ -10,7 +10,7 @@ bitvec = { version = "1.0.0", default-features = false, features = ["alloc"] }
 parity-scale-codec = { version = "3.1.5", default-features = false, features = ["derive"] }
 log = { version = "0.4.17", default-features = false }
 rustc-hex = { version = "2.1.0", default-features = false }
-scale-info = { version = "2.1.2", default-features = false, features = ["derive"] }
+scale-info = { version = "2.5.0", default-features = false, features = ["derive"] }
 serde = { version = "1.0.139", default-features = false }
 serde_derive = { version = "1.0.117", optional = true }
 static_assertions = "1.1.0"
diff --git a/runtime/kusama/Cargo.toml b/runtime/kusama/Cargo.toml
index d53082803f8e..5325aa4f0049 100644
--- a/runtime/kusama/Cargo.toml
+++ b/runtime/kusama/Cargo.toml
@@ -8,7 +8,7 @@ edition.workspace = true
 [dependencies]
 bitvec = { version = "1.0.0", default-features = false, features = ["alloc"] }
 parity-scale-codec = { version = "3.1.5", default-features = false, features = ["derive", "max-encoded-len"] }
-scale-info = { version = "2.1.2", default-features = false, features = ["derive"] }
+scale-info = { version = "2.5.0", default-features = false, features = ["derive"] }
 log = { version = "0.4.17", default-features = false }
 rustc-hex = { version = "2.1.0", default-features = false }
 serde = { version = "1.0.139", default-features = false }
diff --git a/runtime/parachains/Cargo.toml b/runtime/parachains/Cargo.toml
index ca949d742b6d..c84f1b75557a 100644
--- a/runtime/parachains/Cargo.toml
+++ b/runtime/parachains/Cargo.toml
@@ -9,7 +9,7 @@ bitvec = { version = "1.0.0", default-features = false, features = ["alloc"] }
 parity-scale-codec = { version = "3.1.5", default-features = false, features = ["derive", "max-encoded-len"] }
 log = { version = "0.4.17", default-features = false }
 rustc-hex = { version = "2.1.0", default-features = false }
-scale-info = { version = "2.1.2", default-features = false, features = ["derive"] }
+scale-info = { version = "2.5.0", default-features = false, features = ["derive"] }
 serde = { version = "1.0.139", features = [ "derive" ], optional = true }
 derive_more = "0.99.17"
 bitflags = "1.3.2"
diff --git a/runtime/polkadot/Cargo.toml b/runtime/polkadot/Cargo.toml
index 8c715491cbf4..70d6567d5064 100644
--- a/runtime/polkadot/Cargo.toml
+++ b/runtime/polkadot/Cargo.toml
@@ -8,7 +8,7 @@ edition.workspace = true
 [dependencies]
 bitvec = { version = "1.0.0", default-features = false, features = ["alloc"] }
 parity-scale-codec = { version = "3.1.5", default-features = false, features = ["derive", "max-encoded-len"] }
-scale-info = { version = "2.1.2", default-features = false, features = ["derive"] }
+scale-info = { version = "2.5.0", default-features = false, features = ["derive"] }
 log = { version = "0.4.17", default-features = false }
 rustc-hex = { version = "2.1.0", default-features = false }
 serde = { version = "1.0.139", default-features = false }
diff --git a/runtime/rococo/Cargo.toml b/runtime/rococo/Cargo.toml
index 2b944a508f8f..5452010d7577 100644
--- a/runtime/rococo/Cargo.toml
+++ b/runtime/rococo/Cargo.toml
@@ -7,7 +7,7 @@ edition.workspace = true
 
 [dependencies]
 parity-scale-codec = { version = "3.1.5", default-features = false, features = ["derive", "max-encoded-len"] }
-scale-info = { version = "2.1.2", default-features = false, features = ["derive"] }
+scale-info = { version = "2.5.0", default-features = false, features = ["derive"] }
 log = { version = "0.4.17", default-features = false }
 serde = { version = "1.0.139", default-features = false }
 serde_derive = { version = "1.0.117", optional = true }
diff --git a/runtime/test-runtime/Cargo.toml b/runtime/test-runtime/Cargo.toml
index e32107a69b48..1eb4762a4067 100644
--- a/runtime/test-runtime/Cargo.toml
+++ b/runtime/test-runtime/Cargo.toml
@@ -10,7 +10,7 @@ bitvec = { version = "1.0.0", default-features = false, features = ["alloc"] }
 parity-scale-codec = { version = "3.1.5", default-features = false, features = ["derive"] }
 log = { version = "0.4.17", default-features = false }
 rustc-hex = { version = "2.1.0", default-features = false }
-scale-info = { version = "2.1.2", default-features = false, features = ["derive"] }
+scale-info = { version = "2.5.0", default-features = false, features = ["derive"] }
 serde = { version = "1.0.139", default-features = false }
 serde_derive = { version = "1.0.117", optional = true }
 smallvec = "1.8.0"
diff --git a/runtime/westend/Cargo.toml b/runtime/westend/Cargo.toml
index 024a8f3e89c0..92486b19fab3 100644
--- a/runtime/westend/Cargo.toml
+++ b/runtime/westend/Cargo.toml
@@ -8,7 +8,7 @@ edition.workspace = true
 [dependencies]
 bitvec = { version = "1.0.0", default-features = false, features = ["alloc"] }
 parity-scale-codec = { version = "3.1.5", default-features = false, features = ["derive", "max-encoded-len"] }
-scale-info = { version = "2.1.2", default-features = false, features = ["derive"] }
+scale-info = { version = "2.5.0", default-features = false, features = ["derive"] }
 log = { version = "0.4.17", default-features = false }
 rustc-hex = { version = "2.1.0", default-features = false }
 serde = { version = "1.0.139", default-features = false }
diff --git a/xcm/Cargo.toml b/xcm/Cargo.toml
index d66e25748bce..fae588af22b9 100644
--- a/xcm/Cargo.toml
+++ b/xcm/Cargo.toml
@@ -10,7 +10,7 @@ derivative = { version = "2.2.0", default-features = false, features = [ "use_co
 impl-trait-for-tuples = "0.2.2"
 log = { version = "0.4.17", default-features = false }
 parity-scale-codec = { version = "3.1.5", default-features = false, features = [ "derive", "max-encoded-len" ] }
-scale-info = { version = "2.1.2", default-features = false, features = ["derive"] }
+scale-info = { version = "2.5.0", default-features = false, features = ["derive"] }
 sp-core = { git = "https://github.com/paritytech/substrate", branch = "master", default-features = false }
 sp-weights = { git = "https://github.com/paritytech/substrate", branch = "master", default-features = false }
 serde = { version = "1.0.136", optional = true, features = ["derive"] }
diff --git a/xcm/pallet-xcm-benchmarks/Cargo.toml b/xcm/pallet-xcm-benchmarks/Cargo.toml
index 6999f6aaffb2..7d384432f443 100644
--- a/xcm/pallet-xcm-benchmarks/Cargo.toml
+++ b/xcm/pallet-xcm-benchmarks/Cargo.toml
@@ -9,7 +9,7 @@ targets = ["x86_64-unknown-linux-gnu"]
 
 [dependencies]
 codec = { package = "parity-scale-codec", version = "3.0.0", default-features = false }
-scale-info = { version = "2.1.2", default-features = false, features = ["derive"] }
+scale-info = { version = "2.5.0", default-features = false, features = ["derive"] }
 frame-support = { default-features = false, branch = "master", git = "https://github.com/paritytech/substrate" }
 frame-system = { default-features = false, branch = "master", git = "https://github.com/paritytech/substrate" }
 sp-runtime = { default-features = false, branch = "master", git = "https://github.com/paritytech/substrate" }
diff --git a/xcm/pallet-xcm/Cargo.toml b/xcm/pallet-xcm/Cargo.toml
index 1b9de5fd5d44..4001ce73ef43 100644
--- a/xcm/pallet-xcm/Cargo.toml
+++ b/xcm/pallet-xcm/Cargo.toml
@@ -7,7 +7,7 @@ version.workspace = true
 
 [dependencies]
 codec = { package = "parity-scale-codec", version = "3.0.0", default-features = false, features = ["derive"] }
-scale-info = { version = "2.1.2", default-features = false, features = ["derive"] }
+scale-info = { version = "2.5.0", default-features = false, features = ["derive"] }
 serde = { version = "1.0.137", optional = true, features = ["derive"] }
 log = { version = "0.4.17", default-features = false }
 
diff --git a/xcm/xcm-builder/Cargo.toml b/xcm/xcm-builder/Cargo.toml
index 6caa6cddd409..8ab290ae2295 100644
--- a/xcm/xcm-builder/Cargo.toml
+++ b/xcm/xcm-builder/Cargo.toml
@@ -8,7 +8,7 @@ version.workspace = true
 [dependencies]
 impl-trait-for-tuples = "0.2.1"
 parity-scale-codec = { version = "3.1.5", default-features = false, features = ["derive"] }
-scale-info = { version = "2.1.2", default-features = false, features = ["derive"] }
+scale-info = { version = "2.5.0", default-features = false, features = ["derive"] }
 xcm = { path = "..", default-features = false }
 xcm-executor = { path = "../xcm-executor", default-features = false }
 sp-std = { git = "https://github.com/paritytech/substrate", branch = "master", default-features = false }
diff --git a/xcm/xcm-simulator/example/Cargo.toml b/xcm/xcm-simulator/example/Cargo.toml
index 54db1b731ca1..e639ec06fe8a 100644
--- a/xcm/xcm-simulator/example/Cargo.toml
+++ b/xcm/xcm-simulator/example/Cargo.toml
@@ -7,7 +7,7 @@ version.workspace = true
 
 [dependencies]
 codec = { package = "parity-scale-codec", version = "3.0.0" }
-scale-info = { version = "2.1.2", features = ["derive"] }
+scale-info = { version = "2.5.0", features = ["derive"] }
 log = { version = "0.4.14", default-features = false }
 
 frame-system = { git = "https://github.com/paritytech/substrate", branch = "master" }
diff --git a/xcm/xcm-simulator/fuzzer/Cargo.toml b/xcm/xcm-simulator/fuzzer/Cargo.toml
index 25767fb429b0..97019a4de3df 100644
--- a/xcm/xcm-simulator/fuzzer/Cargo.toml
+++ b/xcm/xcm-simulator/fuzzer/Cargo.toml
@@ -8,7 +8,7 @@ edition.workspace = true
 [dependencies]
 codec = { package = "parity-scale-codec", version = "3.0.0" }
 honggfuzz = "0.5.55"
-scale-info = { version = "2.1.2", features = ["derive"] }
+scale-info = { version = "2.5.0", features = ["derive"] }
 
 frame-system = { git = "https://github.com/paritytech/substrate", branch = "master" }
 frame-support = { git = "https://github.com/paritytech/substrate", branch = "master" }