diff --git a/CHANGELOG.md b/CHANGELOG.md
index f81b686..a26b715 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -2,6 +2,13 @@
 
 ## [Unreleased]
 
+## [0.17.1] - 2025-10-22
+
+- Bump Rust to 1.90.0. ([#168])
+- Bump binaryen to 124. ([#168])
+
+[#168]: https://github.com/CosmWasm/optimizer/pull/168
+
 ## [0.17.0] - 2025-06-26
 
 - Bump Rust to 1.86.0. ([#168])
@@ -293,7 +300,8 @@ sources and should not be used. 0.7.0, 0.7.1 and 0.7.3 unaffected.
 - Bump emscripten to 1.39.8-fastcomp
 - Bump Rust to 1.41.0
 
-[unreleased]: https://github.com/CosmWasm/rust-optimizer/compare/v0.17.0...HEAD
+[unreleased]: https://github.com/CosmWasm/rust-optimizer/compare/v0.17.1...HEAD
+[0.17.1]: https://github.com/CosmWasm/rust-optimizer/compare/v0.17.0...v0.17.1
 [0.17.0]: https://github.com/CosmWasm/rust-optimizer/compare/v0.16.1...v0.17.0
 [0.16.1]: https://github.com/CosmWasm/rust-optimizer/compare/v0.16.0...v0.16.1
 [0.16.0]: https://github.com/CosmWasm/rust-optimizer/compare/v0.15.1...v0.16.0
diff --git a/Dockerfile b/Dockerfile
index b78751a..8ab616c 100644
--- a/Dockerfile
+++ b/Dockerfile
@@ -1,10 +1,10 @@
-FROM rust:1.86.0-alpine AS targetarch
+FROM rust:1.90.0-alpine AS targetarch
 
 ARG BUILDPLATFORM
 ARG TARGETPLATFORM
 ARG TARGETARCH
 
-ARG BINARYEN_VERSION="version_116"
+ARG BINARYEN_VERSION="version_124"
 
 RUN echo "Running on $BUILDPLATFORM, building for $TARGETPLATFORM"
 
@@ -74,7 +74,7 @@ RUN cd bob_the_builder && \
 #
 # rust-optimizer target
 #
-FROM rust:1.86.0-alpine AS rust-optimizer
+FROM rust:1.90.0-alpine AS rust-optimizer
 
 # Download the crates.io index using the new sparse protocol to improve performance
 ENV CARGO_REGISTRIES_CRATES_IO_PROTOCOL=sparse
diff --git a/Makefile b/Makefile
index 2356003..85be0e3 100644
--- a/Makefile
+++ b/Makefile
@@ -2,7 +2,7 @@
 DN_OPTIMIZER := "cosmwasm/optimizer"
 DN_RUST_OPTIMIZER := "cosmwasm/rust-optimizer"
 DN_WORKSPACE_OPTIMIZER := "cosmwasm/workspace-optimizer"
-DOCKER_TAG := 0.17.0
+DOCKER_TAG := 0.17.1
 
 # Native arch
 BUILDARCH := $(shell uname -m)
diff --git a/README.md b/README.md
index ac614d9..a649de0 100644
--- a/README.md
+++ b/README.md
@@ -30,7 +30,7 @@ you to produce a smaller build that works with the cosmwasm integration tests
 docker run --rm -v "$(pwd)":/code \
   --mount type=volume,source="$(basename "$(pwd)")_cache",target=/target \
   --mount type=volume,source=registry_cache,target=/usr/local/cargo/registry \
-  cosmwasm/optimizer:0.17.0
+  cosmwasm/optimizer:0.17.1
 ```
 
 Demo this with `cosmwasm-examples` (going into eg. `erc20` subdir before running),
@@ -63,7 +63,7 @@ To compile all contracts in the workspace deterministically, you can run:
 docker run --rm -v "$(pwd)":/code \
   --mount type=volume,source="$(basename "$(pwd)")_cache",target=/target \
   --mount type=volume,source=registry_cache,target=/usr/local/cargo/registry \
-  cosmwasm/optimizer:0.17.0
+  cosmwasm/optimizer:0.17.1
 ```
 
 The downside is that to verify one contract in the workspace, you need to compile them
@@ -89,7 +89,7 @@ case, we can use the optimize.sh command:
 docker run --rm -v "$(pwd)":/code \
   --mount type=volume,source="devcontract_cache_burner",target=/code/contracts/burner/target \
   --mount type=volume,source=registry_cache,target=/usr/local/cargo/registry \
-  cosmwasm/optimizer:0.17.0 ./contracts/burner
+  cosmwasm/optimizer:0.17.1 ./contracts/burner
 ```
 
 ## Caches