diff --git a/Cargo.lock b/Cargo.lock
index 22ffd00c25..8127032b99 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -334,7 +334,7 @@ dependencies = [
 name = "component"
 version = "0.0.0"
 dependencies = [
- "wasmprinter 0.230.0",
+ "wasmprinter 0.231.0",
  "wat",
  "wit-bindgen-rt 0.26.0",
 ]
@@ -1882,7 +1882,7 @@ dependencies = [
 
 [[package]]
 name = "wasm-compose"
-version = "0.230.0"
+version = "0.231.0"
 dependencies = [
  "anyhow",
  "glob",
@@ -1896,11 +1896,11 @@ dependencies = [
  "serde_derive",
  "serde_yaml",
  "smallvec",
- "wasm-encoder 0.230.0",
- "wasmparser 0.230.0",
- "wasmprinter 0.230.0",
+ "wasm-encoder 0.231.0",
+ "wasmparser 0.231.0",
+ "wasmprinter 0.231.0",
  "wat",
- "wit-component 0.230.0",
+ "wit-component 0.231.0",
 ]
 
 [[package]]
@@ -1925,13 +1925,13 @@ dependencies = [
 
 [[package]]
 name = "wasm-encoder"
-version = "0.230.0"
+version = "0.231.0"
 dependencies = [
  "anyhow",
  "leb128fmt",
  "tempfile",
- "wasmparser 0.230.0",
- "wasmprinter 0.230.0",
+ "wasmparser 0.231.0",
+ "wasmprinter 0.231.0",
 ]
 
 [[package]]
@@ -1952,7 +1952,7 @@ dependencies = [
 
 [[package]]
 name = "wasm-metadata"
-version = "0.230.0"
+version = "0.231.0"
 dependencies = [
  "anyhow",
  "auditable-serde",
@@ -1964,13 +1964,13 @@ dependencies = [
  "serde_json",
  "spdx",
  "url",
- "wasm-encoder 0.230.0",
- "wasmparser 0.230.0",
+ "wasm-encoder 0.231.0",
+ "wasmparser 0.231.0",
 ]
 
 [[package]]
 name = "wasm-mutate"
-version = "0.230.0"
+version = "0.231.0"
 dependencies = [
  "anyhow",
  "clap",
@@ -1979,9 +1979,9 @@ dependencies = [
  "log",
  "rand",
  "thiserror",
- "wasm-encoder 0.230.0",
- "wasmparser 0.230.0",
- "wasmprinter 0.230.0",
+ "wasm-encoder 0.231.0",
+ "wasmparser 0.231.0",
+ "wasmprinter 0.231.0",
  "wat",
 ]
 
@@ -1998,14 +1998,14 @@ dependencies = [
  "num_cpus",
  "rand",
  "wasm-mutate",
- "wasmparser 0.230.0",
- "wasmprinter 0.230.0",
+ "wasmparser 0.231.0",
+ "wasmprinter 0.231.0",
  "wasmtime",
 ]
 
 [[package]]
 name = "wasm-shrink"
-version = "0.230.0"
+version = "0.231.0"
 dependencies = [
  "anyhow",
  "blake3",
@@ -2014,14 +2014,14 @@ dependencies = [
  "log",
  "rand",
  "wasm-mutate",
- "wasmparser 0.230.0",
- "wasmprinter 0.230.0",
+ "wasmparser 0.231.0",
+ "wasmprinter 0.231.0",
  "wat",
 ]
 
 [[package]]
 name = "wasm-smith"
-version = "0.230.0"
+version = "0.231.0"
 dependencies = [
  "anyhow",
  "arbitrary",
@@ -2032,15 +2032,15 @@ dependencies = [
  "rand",
  "serde",
  "serde_derive",
- "wasm-encoder 0.230.0",
- "wasmparser 0.230.0",
- "wasmprinter 0.230.0",
+ "wasm-encoder 0.231.0",
+ "wasmparser 0.231.0",
+ "wasmprinter 0.231.0",
  "wat",
 ]
 
 [[package]]
 name = "wasm-tools"
-version = "1.230.0"
+version = "1.231.0"
 dependencies = [
  "addr2line",
  "anyhow",
@@ -2067,18 +2067,18 @@ dependencies = [
  "tempfile",
  "termcolor",
  "wasm-compose",
- "wasm-encoder 0.230.0",
- "wasm-metadata 0.230.0",
+ "wasm-encoder 0.231.0",
+ "wasm-metadata 0.231.0",
  "wasm-mutate",
  "wasm-shrink",
  "wasm-smith",
- "wasmparser 0.230.0",
- "wasmprinter 0.230.0",
+ "wasmparser 0.231.0",
+ "wasmprinter 0.231.0",
  "wast",
  "wat",
- "wit-component 0.230.0",
+ "wit-component 0.231.0",
  "wit-encoder",
- "wit-parser 0.230.0",
+ "wit-parser 0.231.0",
  "wit-smith",
 ]
 
@@ -2090,8 +2090,8 @@ dependencies = [
  "wasm-mutate",
  "wasm-shrink",
  "wasm-smith",
- "wasmparser 0.230.0",
- "wasmprinter 0.230.0",
+ "wasmparser 0.231.0",
+ "wasmprinter 0.231.0",
  "wast",
  "wat",
 ]
@@ -2107,30 +2107,30 @@ dependencies = [
  "log",
  "rand",
  "tempfile",
- "wasm-encoder 0.230.0",
+ "wasm-encoder 0.231.0",
  "wasm-mutate",
  "wasm-smith",
- "wasmparser 0.230.0",
- "wasmprinter 0.230.0",
+ "wasmparser 0.231.0",
+ "wasmprinter 0.231.0",
  "wasmtime",
  "wast",
  "wat",
  "wit-component 0.214.0",
- "wit-component 0.230.0",
+ "wit-component 0.231.0",
  "wit-parser 0.214.0",
- "wit-parser 0.230.0",
+ "wit-parser 0.231.0",
  "wit-smith",
 ]
 
 [[package]]
 name = "wasm-wave"
-version = "0.230.0"
+version = "0.231.0"
 dependencies = [
  "anyhow",
  "indexmap 2.7.1",
  "logos",
  "thiserror",
- "wit-parser 0.230.0",
+ "wit-parser 0.231.0",
 ]
 
 [[package]]
@@ -2161,7 +2161,7 @@ dependencies = [
 
 [[package]]
 name = "wasmparser"
-version = "0.230.0"
+version = "0.231.0"
 dependencies = [
  "anyhow",
  "bitflags",
@@ -2174,7 +2174,7 @@ dependencies = [
  "rayon",
  "semver",
  "serde",
- "wasm-encoder 0.230.0",
+ "wasm-encoder 0.231.0",
  "wast",
  "wat",
 ]
@@ -2192,11 +2192,11 @@ dependencies = [
 
 [[package]]
 name = "wasmprinter"
-version = "0.230.0"
+version = "0.231.0"
 dependencies = [
  "anyhow",
  "termcolor",
- "wasmparser 0.230.0",
+ "wasmparser 0.231.0",
  "wat",
 ]
 
@@ -2410,7 +2410,7 @@ dependencies = [
 
 [[package]]
 name = "wast"
-version = "230.0.0"
+version = "231.0.0"
 dependencies = [
  "anyhow",
  "bumpalo",
@@ -2420,14 +2420,14 @@ dependencies = [
  "memchr",
  "rand",
  "unicode-width",
- "wasm-encoder 0.230.0",
- "wasmparser 0.230.0",
+ "wasm-encoder 0.231.0",
+ "wasmparser 0.231.0",
  "wat",
 ]
 
 [[package]]
 name = "wat"
-version = "1.230.0"
+version = "1.231.0"
 dependencies = [
  "wast",
 ]
@@ -2593,7 +2593,7 @@ dependencies = [
 
 [[package]]
 name = "wit-component"
-version = "0.230.0"
+version = "0.231.0"
 dependencies = [
  "anyhow",
  "bitflags",
@@ -2606,19 +2606,19 @@ dependencies = [
  "serde",
  "serde_derive",
  "serde_json",
- "wasm-encoder 0.230.0",
- "wasm-metadata 0.230.0",
- "wasmparser 0.230.0",
- "wasmprinter 0.230.0",
+ "wasm-encoder 0.231.0",
+ "wasm-metadata 0.231.0",
+ "wasmparser 0.231.0",
+ "wasmprinter 0.231.0",
  "wasmtime",
  "wast",
  "wat",
- "wit-parser 0.230.0",
+ "wit-parser 0.231.0",
 ]
 
 [[package]]
 name = "wit-encoder"
-version = "0.230.0"
+version = "0.231.0"
 dependencies = [
  "anyhow",
  "id-arena",
@@ -2626,7 +2626,7 @@ dependencies = [
  "pretty_assertions",
  "semver",
  "serde",
- "wit-parser 0.230.0",
+ "wit-parser 0.231.0",
 ]
 
 [[package]]
@@ -2667,7 +2667,7 @@ dependencies = [
 
 [[package]]
 name = "wit-parser"
-version = "0.230.0"
+version = "0.231.0"
 dependencies = [
  "anyhow",
  "env_logger",
@@ -2681,9 +2681,9 @@ dependencies = [
  "serde_derive",
  "serde_json",
  "unicode-xid",
- "wasmparser 0.230.0",
+ "wasmparser 0.231.0",
  "wat",
- "wit-parser 0.230.0",
+ "wit-parser 0.231.0",
 ]
 
 [[package]]
@@ -2694,21 +2694,21 @@ dependencies = [
  "env_logger",
  "libfuzzer-sys",
  "log",
- "wasmprinter 0.230.0",
- "wit-parser 0.230.0",
+ "wasmprinter 0.231.0",
+ "wit-parser 0.231.0",
 ]
 
 [[package]]
 name = "wit-smith"
-version = "0.230.0"
+version = "0.231.0"
 dependencies = [
  "arbitrary",
  "clap",
  "indexmap 2.7.1",
  "log",
  "semver",
- "wit-component 0.230.0",
- "wit-parser 0.230.0",
+ "wit-component 0.231.0",
+ "wit-parser 0.231.0",
 ]
 
 [[package]]
diff --git a/Cargo.toml b/Cargo.toml
index bd6ebb5c3b..958a10f390 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -1,6 +1,6 @@
 [package]
 name = "wasm-tools"
-version = "1.230.0"
+version = "1.231.0"
 authors = ["The Wasmtime Project Developers"]
 edition.workspace = true
 description = "CLI tools for interoperating with WebAssembly files"
@@ -85,7 +85,7 @@ allow_attributes_without_reason = 'warn'
 [workspace.package]
 edition = '2021'
 license = "Apache-2.0 WITH LLVM-exception OR Apache-2.0 OR MIT"
-version = "0.230.0"
+version = "0.231.0"
 # Current policy for wasm-tools is the same as Wasmtime which is that this
 # number can be no larger than the current stable release of Rust minus 2.
 #
@@ -128,20 +128,20 @@ termcolor = "1.2.0"
 url = "2.0.0"
 wasmtime = { version = "29.0.1", default-features = false, features = ['cranelift', 'component-model', 'runtime', 'gc-drc'] }
 
-wasm-compose = { version = "0.230.0", path = "crates/wasm-compose" }
-wasm-encoder = { version = "0.230.0", path = "crates/wasm-encoder", default-features = false }
-wasm-metadata = { version = "0.230.0", path = "crates/wasm-metadata", default-features = false }
-wasm-mutate = { version = "0.230.0", path = "crates/wasm-mutate" }
-wasm-shrink = { version = "0.230.0", path = "crates/wasm-shrink" }
-wasm-smith = { version = "0.230.0", path = "crates/wasm-smith" }
-wasmparser = { version = "0.230.0", path = "crates/wasmparser", default-features = false, features = ['simd'] }
-wasmprinter = { version = "0.230.0", path = "crates/wasmprinter", default-features = false }
-wast = { version = "230.0.0", path = "crates/wast", default-features = false }
-wat = { version = "1.230.0", path = "crates/wat", default-features = false }
-wit-component = { version = "0.230.0", path = "crates/wit-component" }
-wit-encoder = { version = "0.230.0", path = "crates/wit-encoder" }
-wit-parser = { version = "0.230.0", path = "crates/wit-parser" }
-wit-smith = { version = "0.230.0", path = "crates/wit-smith" }
+wasm-compose = { version = "0.231.0", path = "crates/wasm-compose" }
+wasm-encoder = { version = "0.231.0", path = "crates/wasm-encoder", default-features = false }
+wasm-metadata = { version = "0.231.0", path = "crates/wasm-metadata", default-features = false }
+wasm-mutate = { version = "0.231.0", path = "crates/wasm-mutate" }
+wasm-shrink = { version = "0.231.0", path = "crates/wasm-shrink" }
+wasm-smith = { version = "0.231.0", path = "crates/wasm-smith" }
+wasmparser = { version = "0.231.0", path = "crates/wasmparser", default-features = false, features = ['simd'] }
+wasmprinter = { version = "0.231.0", path = "crates/wasmprinter", default-features = false }
+wast = { version = "231.0.0", path = "crates/wast", default-features = false }
+wat = { version = "1.231.0", path = "crates/wat", default-features = false }
+wit-component = { version = "0.231.0", path = "crates/wit-component" }
+wit-encoder = { version = "0.231.0", path = "crates/wit-encoder" }
+wit-parser = { version = "0.231.0", path = "crates/wit-parser" }
+wit-smith = { version = "0.231.0", path = "crates/wit-smith" }
 
 [dependencies]
 anyhow = { workspace = true }
diff --git a/crates/wast/Cargo.toml b/crates/wast/Cargo.toml
index 553b429204..241791b960 100644
--- a/crates/wast/Cargo.toml
+++ b/crates/wast/Cargo.toml
@@ -1,6 +1,6 @@
 [package]
 name = "wast"
-version = "230.0.0"
+version = "231.0.0"
 authors = ["Alex Crichton <alex@alexcrichton.com>"]
 edition.workspace = true
 license.workspace = true
diff --git a/crates/wat/Cargo.toml b/crates/wat/Cargo.toml
index 6273c72664..77febc6098 100644
--- a/crates/wat/Cargo.toml
+++ b/crates/wat/Cargo.toml
@@ -1,6 +1,6 @@
 [package]
 name = "wat"
-version = "1.230.0"
+version = "1.231.0"
 authors = ["Alex Crichton <alex@alexcrichton.com>"]
 edition.workspace = true
 license.workspace = true