diff --git a/CHANGELOG.md b/CHANGELOG.md
index f8a59cd98..0c8b4e317 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -15,6 +15,7 @@ The format is based on [Keep a Changelog](https://keepachangelog.com/en/1.0.0/)
 
 ## Changed
 * CI: strip release binaries for all targets #358 - @cyqsimon
+* Bump MSRV to 1.74 (required by clap 4.5; see #373)
 
 ## [0.22.2] - 2024-01-28
 
diff --git a/Cargo.toml b/Cargo.toml
index 4535d6e51..8ac095984 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -17,7 +17,7 @@ keywords = ["networking", "utilization", "cli"]
 license = "MIT"
 readme = "README.md"
 repository = "https://github.com/imsnif/bandwhich"
-rust-version = "1.70.0"
+rust-version = "1.74.0"
 description = "Display current network utilization by process, connection and remote IP/hostname"
 
 [dependencies]