diff --git a/MODULE.bazel b/MODULE.bazel
index b9d26558ea..6fb4171709 100644
--- a/MODULE.bazel
+++ b/MODULE.bazel
@@ -2,7 +2,7 @@
 
 module(
     name = "rules_rust",
-    version = "0.54.0",
+    version = "0.54.1",
 )
 
 bazel_dep(
diff --git a/rust/extensions.bzl b/rust/extensions.bzl
index 5e6edf551d..f6038bcf47 100644
--- a/rust/extensions.bzl
+++ b/rust/extensions.bzl
@@ -71,7 +71,10 @@ def _rust_impl(module_ctx):
                 register_toolchains = False,
                 aliases = toolchain.aliases,
             )
-    return module_ctx.extension_metadata(reproducible = True)
+    metadata_kwargs = {}
+    if bazel_features.external_deps.extension_metadata_has_reproducible:
+        metadata_kwargs["reproducible"] = True
+    return module_ctx.extension_metadata(**metadata_kwargs)
 
 _COMMON_TAG_KWARGS = dict(
     allocator_library = attr.string(
diff --git a/version.bzl b/version.bzl
index d4e0e974ca..317feb558b 100644
--- a/version.bzl
+++ b/version.bzl
@@ -1,3 +1,3 @@
 """The version of rules_rust."""
 
-VERSION = "0.54.0"
+VERSION = "0.54.1"