diff --git a/Cargo.lock b/Cargo.lock
index b23d3980..4e87d2e8 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -5543,9 +5543,9 @@ dependencies = [
 
 [[package]]
 name = "tracing"
-version = "0.1.31"
+version = "0.1.35"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "f6c650a8ef0cd2dd93736f033d21cbd1224c5a967aa0c258d00fcf7dafef9b9f"
+checksum = "a400e31aa60b9d44a52a8ee0343b5b18566b03a8321e0d321f695cf56e940160"
 dependencies = [
  "cfg-if 1.0.0",
  "log",
@@ -5567,9 +5567,9 @@ dependencies = [
 
 [[package]]
 name = "tracing-attributes"
-version = "0.1.19"
+version = "0.1.22"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "8276d9a4a3a558d7b7ad5303ad50b53d58264641b82914b7ada36bd762e7a716"
+checksum = "11c75893af559bc8e10716548bdef5cb2b983f8e637db9d0e15126b61b484ee2"
 dependencies = [
  "proc-macro2 1.0.42",
  "quote 1.0.20",
diff --git a/tower-batch/Cargo.toml b/tower-batch/Cargo.toml
index d336bb14..09c04b04 100644
--- a/tower-batch/Cargo.toml
+++ b/tower-batch/Cargo.toml
@@ -13,7 +13,7 @@ rayon = "1.5.3"
 tokio = { version = "1.21.1", features = ["time", "sync", "tracing", "macros"] }
 tokio-util = "0.7.4"
 tower = { version = "0.4.13", features = ["util", "buffer"] }
-tracing = "0.1.31"
+tracing = "0.1.35"
 tracing-futures = "0.2.5"
 
 [dev-dependencies]
diff --git a/tower-fallback/Cargo.toml b/tower-fallback/Cargo.toml
index 2d75c5d4..7060b0eb 100644
--- a/tower-fallback/Cargo.toml
+++ b/tower-fallback/Cargo.toml
@@ -9,7 +9,7 @@ edition = "2021"
 pin-project = "0.4.29"
 tower = "0.4.13"
 futures-core = "0.3.24"
-tracing = "0.1.31"
+tracing = "0.1.35"
 
 [dev-dependencies]
 tokio = { version = "1.21.1", features = ["full", "tracing", "test-util"] }
diff --git a/zebra-chain/Cargo.toml b/zebra-chain/Cargo.toml
index d4908f65..ddca464f 100644
--- a/zebra-chain/Cargo.toml
+++ b/zebra-chain/Cargo.toml
@@ -56,7 +56,7 @@ humantime = "2.1.0"
 displaydoc = "0.2.3"
 static_assertions = "1.1.0"
 thiserror = "1.0.35"
-tracing = "0.1.31"
+tracing = "0.1.35"
 
 # Serialization
 hex = { version = "0.4.3", features = ["serde"] }
@@ -94,7 +94,7 @@ color-eyre = "0.6.2"
 # Enable a feature that makes tinyvec compile much faster.
 tinyvec = { version = "1.6.0", features = ["rustc_1_55"] }
 spandoc = "0.2.2"
-tracing = "0.1.31"
+tracing = "0.1.35"
 
 # Make the optional testing dependencies required
 proptest = "0.10.1"
diff --git a/zebra-consensus/Cargo.toml b/zebra-consensus/Cargo.toml
index c390b492..0caf91f5 100644
--- a/zebra-consensus/Cargo.toml
+++ b/zebra-consensus/Cargo.toml
@@ -31,7 +31,7 @@ metrics = "0.18.1"
 thiserror = "1.0.35"
 tokio = { version = "1.21.1", features = ["time", "sync", "tracing", "rt-multi-thread"] }
 tower = { version = "0.4.13", features = ["timeout", "util", "buffer"] }
-tracing = "0.1.31"
+tracing = "0.1.35"
 tracing-futures = "0.2.5"
 
 orchard = "0.2.0"
diff --git a/zebra-network/Cargo.toml b/zebra-network/Cargo.toml
index b9e635d5..c9954d11 100644
--- a/zebra-network/Cargo.toml
+++ b/zebra-network/Cargo.toml
@@ -38,7 +38,7 @@ tower = { version = "0.4.13", features = ["retry", "discover", "load", "load-she
 metrics = "0.18.1"
 tracing-futures = "0.2.5"
 tracing-error = { version = "0.2.0", features = ["traced-error"] }
-tracing = "0.1.31"
+tracing = "0.1.35"
 
 # tor dependencies
 arti-client = { version = "0.0.2", optional = true }
diff --git a/zebra-rpc/Cargo.toml b/zebra-rpc/Cargo.toml
index f0708d70..3a4c98fb 100644
--- a/zebra-rpc/Cargo.toml
+++ b/zebra-rpc/Cargo.toml
@@ -30,7 +30,7 @@ indexmap = { version = "1.9.1", features = ["serde"] }
 tokio = { version = "1.21.1", features = ["time", "rt-multi-thread", "macros", "tracing"] }
 tower = "0.4.13"
 
-tracing = "0.1.31"
+tracing = "0.1.35"
 tracing-futures = "0.2.5"
 
 hex = { version = "0.4.3", features = ["serde"] }
diff --git a/zebra-state/Cargo.toml b/zebra-state/Cargo.toml
index 0838d00d..35fe6851 100644
--- a/zebra-state/Cargo.toml
+++ b/zebra-state/Cargo.toml
@@ -29,7 +29,7 @@ thiserror = "1.0.35"
 rayon = "1.5.3"
 tokio = { version = "1.21.1", features = ["sync", "tracing"] }
 tower = { version = "0.4.13", features = ["buffer", "util"] }
-tracing = "0.1.31"
+tracing = "0.1.35"
 
 zebra-chain = { path = "../zebra-chain" }
 zebra-test = { path = "../zebra-test/", optional = true }
diff --git a/zebra-test/Cargo.toml b/zebra-test/Cargo.toml
index 8cd068ac..4392d3dd 100644
--- a/zebra-test/Cargo.toml
+++ b/zebra-test/Cargo.toml
@@ -33,7 +33,7 @@ thiserror = "1.0.35"
 
 tracing-subscriber = { version = "0.3.15", features = ["env-filter"] }
 tracing-error = "0.2.0"
-tracing = "0.1.31"
+tracing = "0.1.35"
 
 [dev-dependencies]
 tempfile = "3.3.0"
diff --git a/zebrad/Cargo.toml b/zebrad/Cargo.toml
index 0c545bed..38d338d6 100644
--- a/zebrad/Cargo.toml
+++ b/zebrad/Cargo.toml
@@ -102,7 +102,7 @@ tracing-subscriber = { version = "0.3.15", features = ["env-filter"] }
 tracing-appender = "0.2.2"
 tracing-error = "0.2.0"
 tracing-futures = "0.2.5"
-tracing = "0.1.31"
+tracing = "0.1.35"
 
 metrics = "0.18.1"