diff --git a/packages/wallet/src/Wallets/BaseWallet.ts b/packages/wallet/src/Wallets/BaseWallet.ts
index 92368a9b689..4935e604561 100644
--- a/packages/wallet/src/Wallets/BaseWallet.ts
+++ b/packages/wallet/src/Wallets/BaseWallet.ts
@@ -88,6 +88,7 @@ import {
   map,
   mergeMap,
   of,
+  shareReplay,
   switchMap,
   take,
   tap,
@@ -474,7 +475,9 @@ export class BaseWallet implements ObservableWallet {
     );
 
     const addresses$ = this.addresses$.pipe(
-      map((addresses) => addresses.map((groupedAddress) => groupedAddress.address))
+      map((addresses) => addresses.map((groupedAddress) => groupedAddress.address)),
+      distinctUntilChanged(deepEquals),
+      shareReplay(1)
     );
     this.#failedFromReemitter$ = new Subject<FailedTx>();
     this.transactions = createTransactionsTracker({
diff --git a/packages/wallet/src/services/UtxoTracker.ts b/packages/wallet/src/services/UtxoTracker.ts
index cf48381cbe9..13bd749dede 100644
--- a/packages/wallet/src/services/UtxoTracker.ts
+++ b/packages/wallet/src/services/UtxoTracker.ts
@@ -1,6 +1,6 @@
 import { Cardano, UtxoProvider } from '@cardano-sdk/core';
 import { Logger } from 'ts-log';
-import { NEVER, Observable, combineLatest, concat, distinctUntilChanged, map, of, switchMap } from 'rxjs';
+import { NEVER, Observable, combineLatest, concat, distinctUntilChanged, map, of, shareReplay, switchMap } from 'rxjs';
 import { PersistentCollectionTrackerSubject, txInEquals, utxoEquals } from './util';
 import { RetryBackoffConfig } from 'backoff-rxjs';
 import { TxInFlight, UtxoTracker } from './types';
@@ -121,7 +121,9 @@ export const createUtxoTracker = (
         logger.debug('Found duplicate UTxO in', utxo);
       }
       return uniqueUtxo;
-    })
+    }),
+    distinctUntilChanged((previous, current) => utxoEquals(previous, current)),
+    shareReplay(1)
   );
   const available$ = combineLatest([total$, unspendableUtxoSource$]).pipe(
     // filter to utxo that are not included in in-flight transactions or unspendable
@@ -131,7 +133,9 @@ export const createUtxoTracker = (
         txInIsUnspendable && logger.debug('Exclude unspendable UTXO from availble$', utxoTxIn);
         return !txInIsUnspendable;
       })
-    )
+    ),
+    distinctUntilChanged((previous, current) => utxoEquals(previous, current)),
+    shareReplay(1)
   );
 
   return {
@@ -150,7 +154,8 @@ export const createUtxoTracker = (
       map(([unspendableUtxo, utxo]) =>
         unspendableUtxo.filter(([unspendable]) => utxo.some(([utxoTxIn]) => txInEquals(utxoTxIn, unspendable)))
       ),
-      distinctUntilChanged((previous, current) => utxoEquals(previous, current))
+      distinctUntilChanged((previous, current) => utxoEquals(previous, current)),
+      shareReplay(1)
     )
   };
 };
diff --git a/packages/wallet/test/services/UtxoTracker.test.ts b/packages/wallet/test/services/UtxoTracker.test.ts
index 8745efb4758..fcb61327031 100644
--- a/packages/wallet/test/services/UtxoTracker.test.ts
+++ b/packages/wallet/test/services/UtxoTracker.test.ts
@@ -267,10 +267,8 @@ describe('createUtxoTracker', () => {
       );
       expectObservable(utxoTracker.total$).toBe('-a--b---|', { a: utxo, b: utxo2 });
       expectObservable(utxoTracker.unspendable$).toBe('-a--b---|', { a: [utxo[0]], b: [] });
-      expectObservable(utxoTracker.available$).toBe('-a--b---|', {
-        a: utxo2,
-        b: utxo2
-      });
+      // utxo2 = utxo-unspendable
+      expectObservable(utxoTracker.available$).toBe('-a------|', { a: utxo2 });
     });
   });
 });