diff --git a/web3.js/package-lock.json b/web3.js/package-lock.json
index d012ad1fb9..b7b1f49ab4 100644
--- a/web3.js/package-lock.json
+++ b/web3.js/package-lock.json
@@ -39,7 +39,7 @@
         "@rollup/plugin-json": "^4.1.0",
         "@rollup/plugin-multi-entry": "^4.0.0",
         "@rollup/plugin-node-resolve": "^13.0.0",
-        "@rollup/plugin-replace": "^2.3.4",
+        "@rollup/plugin-replace": "^3.0.0",
         "@solana/spl-token": "^0.1.2",
         "@types/bn.js": "^5.1.0",
         "@types/bs58": "^4.0.1",
@@ -2973,13 +2973,16 @@
       }
     },
     "node_modules/@rollup/plugin-replace": {
-      "version": "2.4.2",
-      "resolved": "https://registry.npmjs.org/@rollup/plugin-replace/-/plugin-replace-2.4.2.tgz",
-      "integrity": "sha512-IGcu+cydlUMZ5En85jxHH4qj2hta/11BHq95iHEyb2sbgiN0eCdzvUcHw5gt9pBL5lTi4JDYJ1acCoMGpTvEZg==",
+      "version": "3.0.0",
+      "resolved": "https://registry.npmjs.org/@rollup/plugin-replace/-/plugin-replace-3.0.0.tgz",
+      "integrity": "sha512-3c7JCbMuYXM4PbPWT4+m/4Y6U60SgsnDT/cCyAyUKwFHg7pTSfsSQzIpETha3a3ig6OdOKzZz87D9ZXIK3qsDg==",
       "dev": true,
       "dependencies": {
         "@rollup/pluginutils": "^3.1.0",
         "magic-string": "^0.25.7"
+      },
+      "peerDependencies": {
+        "rollup": "^1.20.0 || ^2.0.0"
       }
     },
     "node_modules/@rollup/plugin-virtual": {
@@ -22278,9 +22281,9 @@
       }
     },
     "@rollup/plugin-replace": {
-      "version": "2.4.2",
-      "resolved": "https://registry.npmjs.org/@rollup/plugin-replace/-/plugin-replace-2.4.2.tgz",
-      "integrity": "sha512-IGcu+cydlUMZ5En85jxHH4qj2hta/11BHq95iHEyb2sbgiN0eCdzvUcHw5gt9pBL5lTi4JDYJ1acCoMGpTvEZg==",
+      "version": "3.0.0",
+      "resolved": "https://registry.npmjs.org/@rollup/plugin-replace/-/plugin-replace-3.0.0.tgz",
+      "integrity": "sha512-3c7JCbMuYXM4PbPWT4+m/4Y6U60SgsnDT/cCyAyUKwFHg7pTSfsSQzIpETha3a3ig6OdOKzZz87D9ZXIK3qsDg==",
       "dev": true,
       "requires": {
         "@rollup/pluginutils": "^3.1.0",
diff --git a/web3.js/package.json b/web3.js/package.json
index 95b4c1fb1f..d6bca7c937 100644
--- a/web3.js/package.json
+++ b/web3.js/package.json
@@ -92,7 +92,7 @@
     "@rollup/plugin-json": "^4.1.0",
     "@rollup/plugin-multi-entry": "^4.0.0",
     "@rollup/plugin-node-resolve": "^13.0.0",
-    "@rollup/plugin-replace": "^2.3.4",
+    "@rollup/plugin-replace": "^3.0.0",
     "@solana/spl-token": "^0.1.2",
     "@types/bn.js": "^5.1.0",
     "@types/bs58": "^4.0.1",