diff --git a/src/components/TransactionFeeEIP1559.tsx b/src/components/TransactionFeeEIP1559.tsx
index a5821177cd4..f48e85e78cf 100644
--- a/src/components/TransactionFeeEIP1559.tsx
+++ b/src/components/TransactionFeeEIP1559.tsx
@@ -71,7 +71,7 @@ export const TransactionFeeEIP1559 = ({
     avgFeeFiat,
     maxFee,
     maxFeeFiat,
-    hasFiatValue
+    hasSignificantFiatValue
   } = calculateMinMaxFee({ baseFee, baseAssetRate, maxFeePerGas, maxPriorityFeePerGas, gasLimit });
 
   return (
@@ -162,7 +162,7 @@ export const TransactionFeeEIP1559 = ({
         <Box variant="rowAlign" justifyContent="space-between">
           <Box>
             <Body mb="0" fontWeight="bold" color="GREYISH_BROWN" fontSize="3">
-              {hasFiatValue ? (
+              {hasSignificantFiatValue ? (
                 <Currency
                   bold={true}
                   amount={avgFeeFiat.toString(10)}
@@ -181,18 +181,18 @@ export const TransactionFeeEIP1559 = ({
             </Body>
             <Body mt="1" mb="0" color="BLUE_GREY">
               {translateRaw('CUSTOMIZED_TOTAL_FEE')}{' '}
-              {hasFiatValue && `(${avgFee.toFixed(6)} ${baseAsset.ticker})`}
+              {hasSignificantFiatValue && `(${avgFee.toFixed(6)} ${baseAsset.ticker})`}
             </Body>
           </Box>
           <Box>
             <Body mb="0" fontWeight="bold" color="GREYISH_BROWN" textAlign="right" fontSize="2">
-              {hasFiatValue ? (
+              {hasSignificantFiatValue ? (
                 <Currency bold={true} amount={minFeeFiat.toString(10)} decimals={2} />
               ) : (
                 <Currency bold={true} amount={minFee.toString(10)} />
               )}
               {' - '}
-              {hasFiatValue ? (
+              {hasSignificantFiatValue ? (
                 <Currency
                   bold={true}
                   amount={maxFeeFiat.toString(10)}
diff --git a/src/database/data/networks.ts b/src/database/data/networks.ts
index 01dede0cdb6..2944ed8cd08 100644
--- a/src/database/data/networks.ts
+++ b/src/database/data/networks.ts
@@ -934,7 +934,8 @@ export const NETWORKS_CONFIG: NetworkConfig = {
       max: 30,
       initial: 1
     },
-    shouldEstimateGasPrice: false
+    shouldEstimateGasPrice: false,
+    supportsEIP1559: true
   },
   SmartChain: {
     id: 'SmartChain',
diff --git a/src/utils/eip1559.ts b/src/utils/eip1559.ts
index 8c990889b2e..f0a26b7baea 100644
--- a/src/utils/eip1559.ts
+++ b/src/utils/eip1559.ts
@@ -21,7 +21,8 @@ export const calculateMinMaxFee = ({
 
   const maxFee = gasStringsToMaxGasNumber(maxFeePerGas, gasLimit);
   const maxFeeFiat = maxFee.multipliedBy(baseAssetRate);
-  const hasFiatValue = maxFeeFiat.gt(0);
+  // Changed this from >0 to >=0.01 because 0.01 is the lowest fiat value we show in the UI
+  const hasSignificantFiatValue = maxFeeFiat.gte(0.01);
 
   const minMaxFee =
     viewableBaseFee &&
@@ -45,7 +46,7 @@ export const calculateMinMaxFee = ({
     avgFeeFiat,
     maxFee,
     maxFeeFiat,
-    hasFiatValue,
+    hasSignificantFiatValue,
     viewableBaseFee
   };
 };
