diff --git a/explorer/package-lock.json b/explorer/package-lock.json
index ad60cf561b..e044874909 100644
--- a/explorer/package-lock.json
+++ b/explorer/package-lock.json
@@ -2822,9 +2822,9 @@
       }
     },
     "@solana/web3.js": {
-      "version": "1.14.0",
-      "resolved": "https://registry.npmjs.org/@solana/web3.js/-/web3.js-1.14.0.tgz",
-      "integrity": "sha512-CtGvJQbhUR6mNOGUYX3f0XJCgW2c5UM7pL8MZbv7Pc6vflh+hiKBd1vzi8HvBr9dKhyNDvq7jHgZ6zezz0y9Cw==",
+      "version": "1.16.1",
+      "resolved": "https://registry.npmjs.org/@solana/web3.js/-/web3.js-1.16.1.tgz",
+      "integrity": "sha512-Dh6usnN9AkXzHGbN7II/gLJoG0OslzCy6pzcZiesJY9fh5Z6D532opClptNiIoz0ZGU7RRt41wgbzUo/zyohvg==",
       "requires": {
         "@babel/runtime": "^7.12.5",
         "bn.js": "^5.0.0",
diff --git a/explorer/package.json b/explorer/package.json
index 13058470f9..261349b354 100644
--- a/explorer/package.json
+++ b/explorer/package.json
@@ -9,7 +9,7 @@
     "@react-hook/debounce": "^3.0.0",
     "@sentry/react": "^6.5.0",
     "@solana/spl-token-registry": "^0.2.118",
-    "@solana/web3.js": "^1.14.0",
+    "@solana/web3.js": "^1.16.1",
     "@testing-library/jest-dom": "^5.12.0",
     "@testing-library/react": "^11.2.7",
     "@testing-library/user-event": "^13.1.9",