diff --git a/package/binutils/Config.in.host b/package/binutils/Config.in.host
index fc8733bfec..af00a10b9f 100644
--- a/package/binutils/Config.in.host
+++ b/package/binutils/Config.in.host
@@ -7,7 +7,7 @@ config BR2_PACKAGE_HOST_BINUTILS_SUPPORTS_CFI
 
 choice
 	prompt "Binutils Version"
-	default BR2_BINUTILS_VERSION_2_45_X
+	default BR2_BINUTILS_VERSION_2_46_X
 	help
 	  Select the version of binutils you wish to use.
 
diff --git a/package/binutils/binutils.mk b/package/binutils/binutils.mk
index 93a2e82834..ca1bfb89b3 100644
--- a/package/binutils/binutils.mk
+++ b/package/binutils/binutils.mk
@@ -8,7 +8,7 @@
 # If not, we do like other packages
 BINUTILS_VERSION = $(call qstrip,$(BR2_BINUTILS_VERSION))
 ifeq ($(BINUTILS_VERSION),)
-BINUTILS_VERSION = 2.45.1
+BINUTILS_VERSION = 2.46.1
 endif # BINUTILS_VERSION
 
 BINUTILS_SITE ?= $(BR2_GNU_MIRROR)/binutils