diff --git a/toolchain/binutils/Config.in b/toolchain/binutils/Config.in
index 685e89be96daa770c34ea01e0c71b9da3bc8224c..4ae0b5757235e4a981a811b37b96f639bfb13078 100644
--- a/toolchain/binutils/Config.in
+++ b/toolchain/binutils/Config.in
@@ -21,6 +21,9 @@ choice
 		bool "Binutils 2.32"
 		select BINUTILS_VERSION_2_32
 
+	config BINUTILS_USE_VERSION_2_34
+		bool "Binutils 2.34"
+		select BINUTILS_VERSION_2_34
 endchoice
 
 config EXTRA_BINUTILS_CONFIG_OPTIONS
diff --git a/toolchain/binutils/Config.version b/toolchain/binutils/Config.version
index 3ffcf5734738613dd92339aa4c852a36bf05d3fa..7c3519680d10fedb533b92a4a7e3b2f89c6a9f9b 100644
--- a/toolchain/binutils/Config.version
+++ b/toolchain/binutils/Config.version
@@ -9,8 +9,13 @@ config BINUTILS_VERSION_2_32
 	default y if (!TOOLCHAINOPTS && arc)
 	bool
 
+config BINUTILS_VERSION_2_34
+	default y if (!TOOLCHAINOPTS && arc)
+	bool
+
 config BINUTILS_VERSION
 	string
-	default "2.29.1"	       if BINUTILS_VERSION_2_29_1
-	default "2.31.1"	       if BINUTILS_VERSION_2_31_1
-	default "2.32"		       if BINUTILS_VERSION_2_32
+	default "2.29.1"		if BINUTILS_VERSION_2_29_1
+	default "2.31.1"		if BINUTILS_VERSION_2_31_1
+	default "2.32"			if BINUTILS_VERSION_2_32
+	default "2.34"			if BINUTILS_VERSION_2_34
diff --git a/toolchain/binutils/Makefile b/toolchain/binutils/Makefile
index 24eaf705664219978c90b89b2e47c81919530daf..c5c8bf588c630765c305334cdce46fcfcf7f4926 100644
--- a/toolchain/binutils/Makefile
+++ b/toolchain/binutils/Makefile
@@ -27,6 +27,10 @@ ifeq ($(PKG_VERSION),2.32)
   PKG_HASH:=0ab6c55dd86a92ed561972ba15b9b70a8b9f75557f896446c82e8b36e473ee04
 endif
 
+ifeq ($(PKG_VERSION),2.34)
+  PKG_HASH:=f00b0e8803dc9bab1e2165bd568528135be734df3fabf8d0161828cd56028952
+endif
+
 HOST_BUILD_PARALLEL:=1
 
 PATCH_DIR:=./patches/$(PKG_VERSION)
diff --git a/toolchain/binutils/patches/2.34/300-001_ld_makefile_patch.patch b/toolchain/binutils/patches/2.34/300-001_ld_makefile_patch.patch
new file mode 100644
index 0000000000000000000000000000000000000000..dcffe00941bf367a704bb192e983bbe254e4a0de
--- /dev/null
+++ b/toolchain/binutils/patches/2.34/300-001_ld_makefile_patch.patch
@@ -0,0 +1,22 @@
+--- a/ld/Makefile.am
++++ b/ld/Makefile.am
+@@ -63,7 +63,7 @@ endif
+ # We put the scripts in the directory $(scriptdir)/ldscripts.
+ # We can't put the scripts in $(datadir) because the SEARCH_DIR
+ # directives need to be different for native and cross linkers.
+-scriptdir = $(tooldir)/lib
++scriptdir = $(libdir)
+ 
+ EMUL = @EMUL@
+ EMULATION_OFILES = @EMULATION_OFILES@
+--- a/ld/Makefile.in
++++ b/ld/Makefile.in
+@@ -572,7 +572,7 @@ AM_CFLAGS = $(WARN_CFLAGS) $(ELF_CLFAGS)
+ # We put the scripts in the directory $(scriptdir)/ldscripts.
+ # We can't put the scripts in $(datadir) because the SEARCH_DIR
+ # directives need to be different for native and cross linkers.
+-scriptdir = $(tooldir)/lib
++scriptdir = $(libdir)
+ BASEDIR = $(srcdir)/..
+ BFDDIR = $(BASEDIR)/bfd
+ INCDIR = $(BASEDIR)/include
diff --git a/toolchain/binutils/patches/2.34/400-mips_no_dynamic_linking_sym.patch b/toolchain/binutils/patches/2.34/400-mips_no_dynamic_linking_sym.patch
new file mode 100644
index 0000000000000000000000000000000000000000..a973c56b134dafa3af038ab358122c4412f27e22
--- /dev/null
+++ b/toolchain/binutils/patches/2.34/400-mips_no_dynamic_linking_sym.patch
@@ -0,0 +1,18 @@
+--- a/bfd/elfxx-mips.c
++++ b/bfd/elfxx-mips.c
+@@ -8092,6 +8092,7 @@ _bfd_mips_elf_create_dynamic_sections (b
+ 
+       name = SGI_COMPAT (abfd) ? "_DYNAMIC_LINK" : "_DYNAMIC_LINKING";
+       bh = NULL;
++      if (0) {
+       if (!(_bfd_generic_link_add_one_symbol
+ 	    (info, abfd, name, BSF_GLOBAL, bfd_abs_section_ptr, 0,
+ 	     NULL, FALSE, get_elf_backend_data (abfd)->collect, &bh)))
+@@ -8104,6 +8105,7 @@ _bfd_mips_elf_create_dynamic_sections (b
+ 
+       if (! bfd_elf_link_record_dynamic_symbol (info, h))
+ 	return FALSE;
++      }
+ 
+       if (! mips_elf_hash_table (info)->use_rld_obj_head)
+ 	{
diff --git a/toolchain/binutils/patches/2.34/500-Change-default-emulation-for-mips64-linux.patch b/toolchain/binutils/patches/2.34/500-Change-default-emulation-for-mips64-linux.patch
new file mode 100644
index 0000000000000000000000000000000000000000..24c2afb8be516b960cf94f6bb9218a29e306902b
--- /dev/null
+++ b/toolchain/binutils/patches/2.34/500-Change-default-emulation-for-mips64-linux.patch
@@ -0,0 +1,38 @@
+--- a/bfd/config.bfd
++++ b/bfd/config.bfd
+@@ -911,12 +911,12 @@ case "${targ}" in
+     targ_selvecs="mips_elf32_le_vec mips_elf64_be_vec mips_elf64_le_vec mips_ecoff_be_vec mips_ecoff_le_vec"
+     ;;
+   mips64*el-*-linux*)
+-    targ_defvec=mips_elf32_ntrad_le_vec
+-    targ_selvecs="mips_elf32_ntrad_be_vec mips_elf32_trad_le_vec mips_elf32_trad_be_vec mips_elf64_trad_le_vec mips_elf64_trad_be_vec"
++    targ_defvec=mips_elf64_trad_le_vec
++    targ_selvecs="mips_elf32_ntrad_le_vec mips_elf32_ntrad_be_vec mips_elf32_trad_le_vec mips_elf32_trad_be_vec mips_elf64_trad_be_vec"
+     ;;
+   mips64*-*-linux*)
+-    targ_defvec=mips_elf32_ntrad_be_vec
+-    targ_selvecs="mips_elf32_ntrad_le_vec mips_elf32_trad_be_vec mips_elf32_trad_le_vec mips_elf64_trad_be_vec mips_elf64_trad_le_vec"
++    targ_defvec=mips_elf64_trad_be_vec
++    targ_selvecs="mips_elf32_ntrad_be_vec mips_elf32_ntrad_le_vec mips_elf32_trad_be_vec mips_elf32_trad_le_vec mips_elf64_trad_le_vec"
+     ;;
+   mips*el-*-linux*)
+     targ_defvec=mips_elf32_trad_le_vec
+--- a/ld/configure.tgt
++++ b/ld/configure.tgt
+@@ -541,12 +541,12 @@ mips*-*-vxworks*)	targ_emul=elf32ebmipvx
+ 			;;
+ mips*-*-windiss)	targ_emul=elf32mipswindiss
+ 			;;
+-mips64*el-*-linux-*)	targ_emul=elf32ltsmipn32
+-			targ_extra_emuls="elf32btsmipn32 elf32ltsmip elf32btsmip elf64ltsmip elf64btsmip"
++mips64*el-*-linux-*)	targ_emul=lf64ltsmip
++			targ_extra_emuls="elf32btsmipn32 elf32ltsmipn32 elf32ltsmip elf32btsmip elf64btsmip"
+ 			targ_extra_libpath=$targ_extra_emuls
+ 			;;
+-mips64*-*-linux-*)	targ_emul=elf32btsmipn32
+-			targ_extra_emuls="elf32ltsmipn32 elf32btsmip elf32ltsmip elf64btsmip elf64ltsmip"
++mips64*-*-linux-*)	targ_emul=elf64btsmip
++			targ_extra_emuls="elf32btsmipn32 elf32ltsmipn32 elf32btsmip elf32ltsmip elf64ltsmip"
+ 			targ_extra_libpath=$targ_extra_emuls
+ 			;;
+ mips*el-*-linux-*)	targ_emul=elf32ltsmip