diff --git a/gradle/libs.versions.toml b/gradle/libs.versions.toml
index 7059125c192..b88d4c80f94 100644
--- a/gradle/libs.versions.toml
+++ b/gradle/libs.versions.toml
@@ -45,8 +45,8 @@ javalite = "3.25.5"
 jsonassert = "1.5.0"
 kotest = "5.9.0" # Do not use 5.9.1 because it reverts the fix for https://github.com/kotest/kotest/issues/3981
 kotestAssertionsCore = "5.8.1"
-kotlin = "1.8.22"
-ktorVersion = "2.3.2"
+kotlin = "2.0.21"
+ktorVersion = "3.0.3"
 legacySupportV4 = "1.0.0"
 lifecycleProcess = "2.3.1"
 material = "1.12.0"
@@ -68,7 +68,7 @@ robolectric = "4.12"
 runner = "1.0.2"
 rxandroid = "2.0.2"
 rxjava = "2.1.14"
-serialization = "1.5.1"
+serialization = "1.7.3"
 slf4jNop = "2.0.9"
 spotless = "7.0.0.BETA3"
 testServices = "1.2.0"