The internet ecosystem is currently shifting significantly with the dawn of decentralization. More and more decentralized technologies are becoming mainstream and gaining acceptance by the world at large.
As far as innovation and development is concerned, the startup way of doing things has prevailed. While more prominent companies have tried to get into the space, none of their projects has been groundbreaking regarding their usage. Startups have the upper edge, with many creating successful businesses like opensea.io, Alchemy, and IPFS/filecoin (Protocol Labs).