diff --git a/osdk/src/commands/new/rust-toolchain.toml.template b/osdk/src/commands/new/rust-toolchain.toml.template
index 53442431..4129331f 100644
--- a/osdk/src/commands/new/rust-toolchain.toml.template
+++ b/osdk/src/commands/new/rust-toolchain.toml.template
@@ -1,5 +1,5 @@
 # One should also update asterinas/rust-toolchain.toml when updating this.
 # The first two lines will be deleted when generating the user's toolchain file.
 [toolchain]
-channel = "nightly-2024-06-20"
+channel = "nightly-2024-10-12"
 components = ["rust-src", "rustc-dev", "llvm-tools-preview"]
diff --git a/rust-toolchain.toml b/rust-toolchain.toml
index df9bde6f..62809036 100644
--- a/rust-toolchain.toml
+++ b/rust-toolchain.toml
@@ -1,6 +1,6 @@
-# One should also update asterinas/src/commands/new/rust-toolchain.toml.template
+# One should also update osdk/src/commands/new/rust-toolchain.toml.template
 # when updating this
 [toolchain]
-channel = "nightly-2024-06-20"
+channel = "nightly-2024-10-12"
 components = ["rust-src", "rustc-dev", "llvm-tools-preview"]
 targets = ["x86_64-unknown-none"]
\ No newline at end of file