diff --git a/pkg/esp32_sdk_lib_wifi/Makefile b/pkg/esp32_sdk_lib_wifi/Makefile
index 6e481f0d53..c47a85554b 100644
--- a/pkg/esp32_sdk_lib_wifi/Makefile
+++ b/pkg/esp32_sdk_lib_wifi/Makefile
@@ -1,7 +1,7 @@
 PKG_NAME=esp32_sdk_lib_wifi
 PKG_URL=https://github.com/espressif/esp32-wifi-lib
-# This is a version in the v4.4.1 release branch
-PKG_VERSION=5a0d2aee49633b1a0c0374c2a01ed8c2a10e2fe4
+# This is a version in the v5.4 release branch
+PKG_VERSION=a29b11bf0fe019ca0ade5459714b0b2426dfe020
 PKG_LICENSE=Apache-2.0
 
 include $(RIOTBASE)/pkg/pkg.mk