diff --git a/app/client/cypress/e2e/Regression/ClientSide/JSLibrary/Library_spec.ts b/app/client/cypress/e2e/Regression/ClientSide/JSLibrary/Library_spec.ts
index 8a4aea90d91f..bd384d0f5331 100644
--- a/app/client/cypress/e2e/Regression/ClientSide/JSLibrary/Library_spec.ts
+++ b/app/client/cypress/e2e/Regression/ClientSide/JSLibrary/Library_spec.ts
@@ -70,7 +70,7 @@ describe(
       AppSidebar.navigate(AppSidebarButton.Libraries);
       installer.OpenInstaller();
       installer.InstallLibraryViaURL(
-        "https://cdn.jsdelivr.net/npm/fast-xml-parser@4.2.7/+esm",
+        "https://cdn.jsdelivr.net/npm/fast-xml-parser@4.5.4/+esm",
         "fast_xml_parser",
       );
       agHelper.Sleep(2000);
@@ -81,7 +81,7 @@ describe(
       // Reinstallation should succeed with the same accessor
       installer.OpenInstaller();
       installer.InstallLibraryViaURL(
-        "https://cdn.jsdelivr.net/npm/fast-xml-parser@4.2.7/+esm",
+        "https://cdn.jsdelivr.net/npm/fast-xml-parser@4.5.4/+esm",
         "fast_xml_parser",
       );
     });
diff --git a/app/client/package.json b/app/client/package.json
index db034f66cc3b..50e28f273169 100644
--- a/app/client/package.json
+++ b/app/client/package.json
@@ -434,6 +434,7 @@
     "undici": "6.21.2",
     "formidable": "2.1.3",
     "brace-expansion": "1.1.12",
-    "form-data": "4.0.4"
+    "form-data": "4.0.4",
+    "fast-xml-parser": "4.5.4"
   }
 }
diff --git a/app/client/src/pages/Editor/Explorer/Libraries/recommendedLibraries.ts b/app/client/src/pages/Editor/Explorer/Libraries/recommendedLibraries.ts
index 2c7acb74db45..877456b8d675 100644
--- a/app/client/src/pages/Editor/Explorer/Libraries/recommendedLibraries.ts
+++ b/app/client/src/pages/Editor/Explorer/Libraries/recommendedLibraries.ts
@@ -14,8 +14,8 @@ export default [
       "Validate XML, Parse XML to JS Object, or Build XML from JS Object without C/C++ based libraries and no callback.",
     author: "NaturalIntelligence",
     docsURL: "https://github.com/NaturalIntelligence/fast-xml-parser",
-    url: "https://cdnjs.cloudflare.com/ajax/libs/fast-xml-parser/4.3.2/fxparser.min.js",
-    version: "4.3.2",
+    url: "https://cdn.jsdelivr.net/npm/fast-xml-parser@4.5.4/src/fxp.min.js",
+    version: "4.5.4",
     icon: "https://img.jsdelivr.com/github.com/NaturalIntelligence.png",
   },
   {
diff --git a/app/client/yarn.lock b/app/client/yarn.lock
index ff72765c1ae1..87cf0c031bb4 100644
--- a/app/client/yarn.lock
+++ b/app/client/yarn.lock
@@ -19682,14 +19682,14 @@ __metadata:
   languageName: node
   linkType: hard
 
-"fast-xml-parser@npm:4.4.1":
-  version: 4.4.1
-  resolution: "fast-xml-parser@npm:4.4.1"
+"fast-xml-parser@npm:4.5.4":
+  version: 4.5.4
+  resolution: "fast-xml-parser@npm:4.5.4"
   dependencies:
     strnum: ^1.0.5
   bin:
     fxparser: src/cli/cli.js
-  checksum: f440c01cd141b98789ae777503bcb6727393296094cc82924ae9f88a5b971baa4eec7e65306c7e07746534caa661fc83694ff437d9012dc84dee39dfbfaab947
+  checksum: 29db513a5f0ad5ac33691c27d67315ee22e041b5e8fa5982f8bccf46af400e35c576c17f3087f1b8d4cd81fa91519f5fda4b2a31441ff1bf7596ecc5e934f44d
   languageName: node
   linkType: hard