diff --git a/explorer/package.json b/explorer/package.json
index eae3497de991b2..f342783d5e5143 100644
--- a/explorer/package.json
+++ b/explorer/package.json
@@ -15,7 +15,7 @@
     "@sentry/react": "^7.6.0",
     "@solana/buffer-layout": "^3.0.0",
     "@solana/spl-token-registry": "^0.2.3736",
-    "@solana/web3.js": "^1.50.0",
+    "@solana/web3.js": "^1.54.1",
     "@testing-library/jest-dom": "^5.16.1",
     "@testing-library/react": "^13.3.0",
     "@testing-library/user-event": "^14.2.3",