diff --git a/CMakeLists.txt b/CMakeLists.txt
index 9fd23d14d77..7017ddf3508 100644
--- a/CMakeLists.txt
+++ b/CMakeLists.txt
@@ -6,7 +6,7 @@
 #   idf.py build
 
 set(min_supported_idf_version "5.3.0")
-set(max_supported_idf_version "5.3.99")
+set(max_supported_idf_version "5.4.99")
 set(idf_version "${IDF_VERSION_MAJOR}.${IDF_VERSION_MINOR}.${IDF_VERSION_PATCH}")
 
 if ("${idf_version}" AND NOT "$ENV{ARDUINO_SKIP_IDF_VERSION_CHECK}")
diff --git a/cores/esp32/esp32-hal-i2c-slave.c b/cores/esp32/esp32-hal-i2c-slave.c
index 85eddcdfcf4..46c3a4d58c2 100644
--- a/cores/esp32/esp32-hal-i2c-slave.c
+++ b/cores/esp32/esp32-hal-i2c-slave.c
@@ -336,7 +336,11 @@ esp_err_t i2cSlaveInit(uint8_t num, int sda, int scl, uint16_t slaveID, uint32_t
 #endif  // !defined(CONFIG_IDF_TARGET_ESP32P4)
 
   i2c_ll_slave_init(i2c->dev);
+#if ESP_IDF_VERSION >= ESP_IDF_VERSION_VAL(5, 4, 0)
+  i2c_ll_enable_fifo_mode(i2c->dev, true);
+#else
   i2c_ll_slave_set_fifo_mode(i2c->dev, true);
+#endif
   i2c_ll_set_slave_addr(i2c->dev, slaveID, false);
   i2c_ll_set_tout(i2c->dev, I2C_LL_MAX_TIMEOUT);
   i2c_slave_set_frequency(i2c, frequency);
@@ -357,7 +361,11 @@ esp_err_t i2cSlaveInit(uint8_t num, int sda, int scl, uint16_t slaveID, uint32_t
 
   i2c_ll_disable_intr_mask(i2c->dev, I2C_LL_INTR_MASK);
   i2c_ll_clear_intr_mask(i2c->dev, I2C_LL_INTR_MASK);
+#if ESP_IDF_VERSION >= ESP_IDF_VERSION_VAL(5, 4, 0)
+  i2c_ll_enable_fifo_mode(i2c->dev, true);
+#else
   i2c_ll_slave_set_fifo_mode(i2c->dev, true);
+#endif
 
   if (!i2c->intr_handle) {
     uint32_t flags = ESP_INTR_FLAG_LOWMED | ESP_INTR_FLAG_SHARED;
diff --git a/idf_component.yml b/idf_component.yml
index 9c6bd159d42..a8e6876b03f 100644
--- a/idf_component.yml
+++ b/idf_component.yml
@@ -44,7 +44,7 @@ files:
     - "platform.txt"
     - "programmers.txt"
 dependencies:
-  idf: ">=5.3,<5.4"
+  idf: ">=5.3,<5.5"
   # mdns 1.2.1 is necessary to build H2 with no WiFi
   espressif/mdns:
     version: "^1.2.3"