diff --git a/toolchain/binutils/Makefile b/toolchain/binutils/Makefile
index 1a7b877e6..b2831f8c2 100644
--- a/toolchain/binutils/Makefile
+++ b/toolchain/binutils/Makefile
@@ -55,7 +55,7 @@ HOST_CONFIGURE_ARGS = \
 	--target=$(REAL_GNU_TARGET_NAME) \
 	--with-sysroot=$(TOOLCHAIN_DIR) \
 	--with-system-zlib \
-	--with-zstd \
+	--without-zstd \
 	--enable-deterministic-archives \
 	--enable-plugins \
 	--enable-lto \
diff --git a/tools/zstd/Makefile b/tools/zstd/Makefile
index ea0f823e1..4d46a5f95 100644
--- a/tools/zstd/Makefile
+++ b/tools/zstd/Makefile
@@ -1,11 +1,11 @@
 include $(TOPDIR)/rules.mk
 
 PKG_NAME:=zstd
-PKG_VERSION:=1.5.4
+PKG_VERSION:=1.5.5
 
 PKG_SOURCE:=$(PKG_NAME)-$(PKG_VERSION).tar.gz
 PKG_SOURCE_URL:=https://github.com/facebook/zstd/releases/download/v$(PKG_VERSION)
-PKG_HASH:=0f470992aedad543126d06efab344dc5f3e171893810455787d38347343a4424
+PKG_HASH:=9c4396cc829cfae319a6e2615202e82aad41372073482fce286fac78646d3ee4
 
 PKG_LICENSE:=BSD-3-Clause
 PKG_LICENSE_FILES:=LICENSE