diff --git a/test/e2e/tests/metrics/state-snapshots/errors-after-init-opt-in-background-state.json b/test/e2e/tests/metrics/state-snapshots/errors-after-init-opt-in-background-state.json
index 999dce99ca0c..9b0571e204d5 100644
--- a/test/e2e/tests/metrics/state-snapshots/errors-after-init-opt-in-background-state.json
+++ b/test/e2e/tests/metrics/state-snapshots/errors-after-init-opt-in-background-state.json
@@ -317,11 +317,7 @@
   "TokenListController": {
     "tokenList": "object",
     "tokensChainsCache": {
-      "0x1": "object",
-      "0x539": "object",
-      "0xaa36a7": "object",
-      "0xe705": "object",
-      "0xe708": "object"
+      "0x539": "object"
     },
     "preventPollingOnNetworkRestart": false
   },
diff --git a/test/e2e/tests/metrics/state-snapshots/errors-after-init-opt-in-ui-state.json b/test/e2e/tests/metrics/state-snapshots/errors-after-init-opt-in-ui-state.json
index acd9d6f8d074..60125eaa8d5f 100644
--- a/test/e2e/tests/metrics/state-snapshots/errors-after-init-opt-in-ui-state.json
+++ b/test/e2e/tests/metrics/state-snapshots/errors-after-init-opt-in-ui-state.json
@@ -175,11 +175,7 @@
     "nonRPCGasFeeApisDisabled": "boolean",
     "tokenList": "object",
     "tokensChainsCache": {
-      "0x1": "object",
-      "0x539": "object",
-      "0xaa36a7": "object",
-      "0xe705": "object",
-      "0xe708": "object"
+      "0x539": "object"
     },
     "preventPollingOnNetworkRestart": false,
     "tokens": "object",
diff --git a/ui/hooks/useTokenListPolling.test.ts b/ui/hooks/useTokenListPolling.test.ts
index 09a22fffea50..001dca71c80e 100644
--- a/ui/hooks/useTokenListPolling.test.ts
+++ b/ui/hooks/useTokenListPolling.test.ts
@@ -22,16 +22,23 @@ describe('useTokenListPolling', () => {
     jest.clearAllMocks();
   });
 
-  it('should poll for token lists on each chain when enabled, and stop on dismount', async () => {
+  it('should poll the selected network when enabled, and stop on dismount', async () => {
     const state = {
       metamask: {
         isUnlocked: true,
         completedOnboarding: true,
         useExternalServices: true,
         useTokenDetection: true,
+        selectedNetworkClientId: 'selectedNetworkClientId',
         networkConfigurationsByChainId: {
-          '0x1': {},
-          '0x89': {},
+          '0x1': {
+            chainId: '0x1',
+            rpcEndpoints: [
+              {
+                networkClientId: 'selectedNetworkClientId',
+              },
+            ],
+          },
         },
       },
     };
@@ -43,19 +50,15 @@ describe('useTokenListPolling', () => {
 
     // Should poll each chain
     await Promise.all(mockPromises);
-    expect(tokenListStartPolling).toHaveBeenCalledTimes(2);
+    expect(tokenListStartPolling).toHaveBeenCalledTimes(1);
     expect(tokenListStartPolling).toHaveBeenCalledWith('0x1');
-    expect(tokenListStartPolling).toHaveBeenCalledWith('0x89');
 
     // Stop polling on dismount
     unmount();
-    expect(tokenListStopPollingByPollingToken).toHaveBeenCalledTimes(2);
+    expect(tokenListStopPollingByPollingToken).toHaveBeenCalledTimes(1);
     expect(tokenListStopPollingByPollingToken).toHaveBeenCalledWith(
       '0x1_token',
     );
-    expect(tokenListStopPollingByPollingToken).toHaveBeenCalledWith(
-      '0x89_token',
-    );
   });
 
   it('should not poll before onboarding is completed', async () => {
diff --git a/ui/hooks/useTokenListPolling.ts b/ui/hooks/useTokenListPolling.ts
index 9b43c3c6959a..7f7de517c304 100644
--- a/ui/hooks/useTokenListPolling.ts
+++ b/ui/hooks/useTokenListPolling.ts
@@ -1,5 +1,6 @@
 import { useSelector } from 'react-redux';
 import {
+  getCurrentChainId,
   getNetworkConfigurationsByChainId,
   getPetnamesEnabled,
   getUseExternalServices,
@@ -17,6 +18,7 @@ import {
 import useMultiPolling from './useMultiPolling';
 
 const useTokenListPolling = () => {
+  const currentChainId = useSelector(getCurrentChainId);
   const networkConfigurations = useSelector(getNetworkConfigurationsByChainId);
   const useTokenDetection = useSelector(getUseTokenDetection);
   const useTransactionSimulations = useSelector(getUseTransactionSimulations);
@@ -31,10 +33,14 @@ const useTokenListPolling = () => {
     useExternalServices &&
     (useTokenDetection || petnamesEnabled || useTransactionSimulations);
 
+  const chainIds = process.env.PORTFOLIO_VIEW
+    ? Object.keys(networkConfigurations)
+    : [currentChainId];
+
   useMultiPolling({
     startPolling: tokenListStartPolling,
     stopPollingByPollingToken: tokenListStopPollingByPollingToken,
-    input: enabled ? Object.keys(networkConfigurations) : [],
+    input: enabled ? chainIds : [],
   });
 
   return {};