diff --git a/scripts/cargo-install-all.sh b/scripts/cargo-install-all.sh
index 495d3936a123b4..5e0c67a54f5f3a 100755
--- a/scripts/cargo-install-all.sh
+++ b/scripts/cargo-install-all.sh
@@ -167,7 +167,7 @@ fi
 # Add Solidity Compiler
 if [[ -z "$validatorOnly" ]]; then
   base="https://github.com/hyperledger/solang/releases/download"
-  version="v0.2.3"
+  version="v0.3.0"
   curlopt="-sSfL --retry 5 --retry-delay 2 --retry-connrefused"
 
   case $(uname -s) in