diff --git a/pkgs/development/compilers/solc/default.nix b/pkgs/development/compilers/solc/default.nix
index bd4b10ddec0..2f3674fdbea 100644
--- a/pkgs/development/compilers/solc/default.nix
+++ b/pkgs/development/compilers/solc/default.nix
@@ -3,11 +3,12 @@
 }:
 
 assert z3Support -> z3 != null;
+assert z3Support -> stdenv.lib.versionAtLeast z3.version "4.6.0";
 
 let
-  version = "0.5.3";
-  rev = "10d17f245839f208ec5085309022a32cd2502f55";
-  sha256 = "1jq41pd3nj534cricy1nq6wgk4wlwg239387n785aswpwd705jbb";
+  version = "0.5.4";
+  rev = "9549d8fff7343908228c3e8bedc309d1b83fc204";
+  sha256 = "1r6wklp3ab2s1lrm70zv6p7blv9917ph1arjsb250j7b7bpjg5pq";
   jsoncppURL = https://github.com/open-source-parsers/jsoncpp/archive/1.8.4.tar.gz;
   jsoncpp = fetchzip {
     url = jsoncppURL;