diff --git a/packages/cache/RELEASES.md b/packages/cache/RELEASES.md
index b1d52116..76bec600 100644
--- a/packages/cache/RELEASES.md
+++ b/packages/cache/RELEASES.md
@@ -114,4 +114,7 @@
 - Fix issue with symlink restoration on windows.
 
 ### 3.1.3
-- Fix to prevent from setting MYSYS environement variable globally [#1329](https://github.com/actions/toolkit/pull/1329).
\ No newline at end of file
+- Fix to prevent from setting MYSYS environement variable globally [#1329](https://github.com/actions/toolkit/pull/1329).
+
+### 3.1.4
+- Fix zstd not being used due to `zstd --version` output change in zstd 1.5.4 release. See [#1353](https://github.com/actions/toolkit/pull/1353).
\ No newline at end of file
diff --git a/packages/cache/package-lock.json b/packages/cache/package-lock.json
index f9a20106..408660cb 100644
--- a/packages/cache/package-lock.json
+++ b/packages/cache/package-lock.json
@@ -1,12 +1,12 @@
 {
   "name": "@actions/cache",
-  "version": "3.1.3",
+  "version": "3.1.4",
   "lockfileVersion": 2,
   "requires": true,
   "packages": {
     "": {
       "name": "@actions/cache",
-      "version": "3.1.3",
+      "version": "3.1.4",
       "license": "MIT",
       "dependencies": {
         "@actions/core": "^1.10.0",
diff --git a/packages/cache/package.json b/packages/cache/package.json
index f274e00c..3d5dda6b 100644
--- a/packages/cache/package.json
+++ b/packages/cache/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@actions/cache",
-  "version": "3.1.3",
+  "version": "3.1.4",
   "preview": true,
   "description": "Actions cache lib",
   "keywords": [
diff --git a/packages/cache/src/internal/cacheUtils.ts b/packages/cache/src/internal/cacheUtils.ts
index ea1e7de6..650653ad 100644
--- a/packages/cache/src/internal/cacheUtils.ts
+++ b/packages/cache/src/internal/cacheUtils.ts
@@ -71,11 +71,15 @@ export async function unlinkFile(filePath: fs.PathLike): Promise<void> {
   return util.promisify(fs.unlink)(filePath)
 }
 
-async function getVersion(app: string): Promise<string> {
-  core.debug(`Checking ${app} --version`)
+async function getVersion(
+  app: string,
+  additionalArgs: string[] = []
+): Promise<string> {
   let versionOutput = ''
+  additionalArgs.push('--version')
+  core.debug(`Checking ${app} ${additionalArgs.join(' ')}`)
   try {
-    await exec.exec(`${app} --version`, [], {
+    await exec.exec(`${app}`, additionalArgs, {
       ignoreReturnCode: true,
       silent: true,
       listeners: {
@@ -94,18 +98,14 @@ async function getVersion(app: string): Promise<string> {
 
 // Use zstandard if possible to maximize cache performance
 export async function getCompressionMethod(): Promise<CompressionMethod> {
-  const versionOutput = await getVersion('zstd')
+  const versionOutput = await getVersion('zstd', ['--quiet'])
   const version = semver.clean(versionOutput)
+  core.debug(`zstd version: ${version}`)
 
-  if (!versionOutput.toLowerCase().includes('zstd command line interface')) {
-    // zstd is not installed
+  if (versionOutput === '') {
     return CompressionMethod.Gzip
-  } else if (!version || semver.lt(version, 'v1.3.2')) {
-    // zstd is installed but using a version earlier than v1.3.2
-    // v1.3.2 is required to use the `--long` options in zstd
-    return CompressionMethod.ZstdWithoutLong
   } else {
-    return CompressionMethod.Zstd
+    return CompressionMethod.ZstdWithoutLong
   }
 }