diff --git a/app/components/UI/CollectibleContractElement/index.js b/app/components/UI/CollectibleContractElement/index.js
index 742d69dcdcd..9d8cc6a51fd 100644
--- a/app/components/UI/CollectibleContractElement/index.js
+++ b/app/components/UI/CollectibleContractElement/index.js
@@ -12,7 +12,6 @@ import Engine from '../../../core/Engine';
 import { removeFavoriteCollectible } from '../../../actions/collectibles';
 import { collectibleContractsSelector } from '../../../reducers/collectibles';
 import { useTheme } from '../../../util/theme';
-import { selectChainId } from '../../../selectors/networkController';
 import { selectSelectedInternalAccountChecksummedAddress } from '../../../selectors/accountsController';
 import Icon, {
   IconName,
@@ -315,7 +314,6 @@ CollectibleContractElement.propTypes = {
 
 const mapStateToProps = (state) => ({
   collectibleContracts: collectibleContractsSelector(state),
-  chainId: selectChainId(state),
   selectedAddress: selectSelectedInternalAccountChecksummedAddress(state),
 });
 
diff --git a/app/components/UI/CollectibleContracts/index.js b/app/components/UI/CollectibleContracts/index.js
index 52ccc725c63..e3e4777cb29 100644
--- a/app/components/UI/CollectibleContracts/index.js
+++ b/app/components/UI/CollectibleContracts/index.js
@@ -29,10 +29,7 @@ import { compareTokenIds } from '../../../util/tokens';
 import CollectibleDetectionModal from '../CollectibleDetectionModal';
 import { useTheme } from '../../../util/theme';
 import { MAINNET } from '../../../constants/network';
-import {
-  selectChainId,
-  selectProviderType,
-} from '../../../selectors/networkController';
+import { selectProviderType } from '../../../selectors/networkController';
 import {
   selectDisplayNftMedia,
   selectIsIpfsGatewayEnabled,
@@ -43,6 +40,7 @@ import { WalletViewSelectorsIDs } from '../../../../e2e/selectors/wallet/WalletV
 import { useMetrics } from '../../../components/hooks/useMetrics';
 import { RefreshTestId, SpinnerTestId } from './constants';
 import { debounce } from 'lodash';
+import { useChainId } from '../../../selectors/hooks';
 
 const createStyles = (colors) =>
   StyleSheet.create({
@@ -100,7 +98,6 @@ const debouncedNavigation = debounce((navigation, collectible) => {
  */
 const CollectibleContracts = ({
   selectedAddress,
-  chainId,
   networkType,
   navigation,
   collectibleContracts,
@@ -131,6 +128,8 @@ const CollectibleContracts = ({
     [navigation],
   );
 
+  const chainId = useChainId();
+
   /**
    *  Method that checks if the collectible is inside the collectibles array. If it is not it means the
    *  collectible has been ignored, hence we should not call the updateMetadata which executes the addNft fct
@@ -262,10 +261,11 @@ const CollectibleContracts = ({
           key={item.address}
           contractCollectibles={contractCollectibles}
           collectiblesVisible={index === 0}
+          chainId={chainId}
         />
       );
     },
-    [collectibles, onItemPress],
+    [collectibles, onItemPress, chainId],
   );
 
   const renderFavoriteCollectibles = useCallback(() => {
@@ -388,10 +388,6 @@ CollectibleContracts.propTypes = {
    * Network type
    */
   networkType: PropTypes.string,
-  /**
-   * Chain id
-   */
-  chainId: PropTypes.string,
   /**
    * Selected address
    */
@@ -438,7 +434,6 @@ CollectibleContracts.propTypes = {
 
 const mapStateToProps = (state) => ({
   networkType: selectProviderType(state),
-  chainId: selectChainId(state),
   selectedAddress: selectSelectedInternalAccountChecksummedAddress(state),
   useNftDetection: selectUseNftDetection(state),
   collectibleContracts: collectibleContractsSelector(state),
@@ -450,8 +445,9 @@ const mapStateToProps = (state) => ({
 });
 
 const mapDispatchToProps = (dispatch) => ({
-  removeFavoriteCollectible: (selectedAddress, chainId, collectible) =>
-    dispatch(removeFavoriteCollectible(selectedAddress, chainId, collectible)),
+  removeFavoriteCollectible: (selectedAddress, chainId, collectible) => {
+    dispatch(removeFavoriteCollectible(selectedAddress, chainId, collectible));
+  },
 });
 
 export default connect(
diff --git a/app/components/UI/Tokens/TokenList/TokenListItem/index.tsx b/app/components/UI/Tokens/TokenList/TokenListItem/index.tsx
index 7ab0ad470d5..e9cc9228fc6 100644
--- a/app/components/UI/Tokens/TokenList/TokenListItem/index.tsx
+++ b/app/components/UI/Tokens/TokenList/TokenListItem/index.tsx
@@ -10,7 +10,6 @@ import { useTheme } from '../../../../../util/theme';
 import { TOKEN_RATE_UNDEFINED } from '../../constants';
 import { deriveBalanceFromAssetMarketDetails } from '../../util/deriveBalanceFromAssetMarketDetails';
 import {
-  selectChainId,
   selectProviderConfig,
   selectTicker,
 } from '../../../../../selectors/networkController';
@@ -54,6 +53,7 @@ interface TokenListItemProps {
   showScamWarningModal: boolean;
   showRemoveMenu: (arg: TokenI) => void;
   setShowScamWarningModal: (arg: boolean) => void;
+  chainId: string;
 }
 
 export const TokenListItem = ({
@@ -61,13 +61,13 @@ export const TokenListItem = ({
   showScamWarningModal,
   showRemoveMenu,
   setShowScamWarningModal,
+  chainId,
 }: TokenListItemProps) => {
   const navigation = useNavigation();
   const { colors } = useTheme();
   const { data: tokenBalances } = useTokenBalancesController();
 
   const { type } = useSelector(selectProviderConfig);
-  const chainId = useSelector(selectChainId);
   const ticker = useSelector(selectTicker);
   const isOriginalNativeTokenSymbol = useIsOriginalNativeTokenSymbol(
     chainId,
@@ -95,7 +95,7 @@ export const TokenListItem = ({
       currentCurrency,
     );
 
-  const pricePercentChange1d = itemAddress
+  const pricePercentChange1d = itemAddress?.startsWith('0x')
     ? tokenExchangeRates?.[itemAddress as `0x${string}`]?.pricePercentChange1d
     : tokenExchangeRates?.[zeroAddress() as Hex]?.pricePercentChange1d;
 
@@ -158,10 +158,12 @@ export const TokenListItem = ({
 
     if (isLineaMainnet) return images['LINEA-MAINNET'];
 
-    if (CustomNetworkImgMapping[chainId]) {
+    const isValidChainId = (id: string): id is `0x${string}` =>
+      /^0x[0-9a-fA-F]+$/.test(id);
+
+    if (isValidChainId(chainId) && CustomNetworkImgMapping[chainId]) {
       return CustomNetworkImgMapping[chainId];
     }
-
     return ticker ? images[ticker] : undefined;
   };
 
diff --git a/app/components/UI/Tokens/TokenList/index.tsx b/app/components/UI/Tokens/TokenList/index.tsx
index f5460d51281..c4cfb083d2e 100644
--- a/app/components/UI/Tokens/TokenList/index.tsx
+++ b/app/components/UI/Tokens/TokenList/index.tsx
@@ -9,7 +9,6 @@ import {
 } from '../../../../components/hooks/useMetrics';
 import { useTheme } from '../../../../util/theme';
 import { createDetectedTokensNavDetails } from '../../../Views/DetectedTokens';
-import { selectChainId } from '../../../../selectors/networkController';
 import { selectDetectedTokens } from '../../../../selectors/tokensController';
 import { getDecimalChainId } from '../../../../util/networks';
 import createStyles from '../styles';
@@ -18,6 +17,7 @@ import { TokenI } from '../types';
 import { strings } from '../../../../../locales/i18n';
 import { TokenListFooter } from './TokenListFooter';
 import { TokenListItem } from './TokenListItem';
+import { useChainId } from '../../../../selectors/hooks';
 
 interface TokenListProps {
   tokens: TokenI[];
@@ -44,7 +44,7 @@ export const TokenList = ({
   const { colors } = useTheme();
   const { trackEvent } = useMetrics();
 
-  const chainId = useSelector(selectChainId);
+  const chainId = useChainId();
   const detectedTokens = useSelector(selectDetectedTokens);
 
   const [showScamWarningModal, setShowScamWarningModal] = useState(false);
@@ -80,6 +80,7 @@ export const TokenList = ({
       renderItem={({ item }) => (
         <TokenListItem
           asset={item}
+          chainId={chainId}
           showRemoveMenu={showRemoveMenu}
           showScamWarningModal={showScamWarningModal}
           setShowScamWarningModal={setShowScamWarningModal}
diff --git a/app/components/UI/Tokens/index.tsx b/app/components/UI/Tokens/index.tsx
index 645c983ebc6..d4b623cb5be 100644
--- a/app/components/UI/Tokens/index.tsx
+++ b/app/components/UI/Tokens/index.tsx
@@ -9,10 +9,7 @@ import Engine from '../../../core/Engine';
 import NotificationManager from '../../../core/NotificationManager';
 import { MetaMetricsEvents } from '../../../core/Analytics';
 import Logger from '../../../util/Logger';
-import {
-  selectChainId,
-  selectNetworkClientId,
-} from '../../../selectors/networkController';
+import { selectNetworkClientId } from '../../../selectors/networkController';
 import { getDecimalChainId } from '../../../util/networks';
 import { isZero } from '../../../util/lodash';
 import createStyles from './styles';
@@ -21,6 +18,7 @@ import { TokenI, TokensI } from './types';
 import { WalletViewSelectorsIDs } from '../../../../e2e/selectors/wallet/WalletView.selectors';
 import { strings } from '../../../../locales/i18n';
 import { RootState } from '../../../reducers';
+import { useChainId } from '../../../selectors/hooks';
 
 // this will be imported from TokenRatesController when it is exported from there
 // PR: https://github.com/MetaMask/core/pull/4622
@@ -53,7 +51,7 @@ const Tokens: React.FC<TokensI> = ({ tokens }) => {
   const { trackEvent } = useMetrics();
   const { data: tokenBalances } = useTokenBalancesController();
 
-  const chainId = useSelector(selectChainId);
+  const chainId = useChainId();
   const networkClientId = useSelector(selectNetworkClientId);
   const hideZeroBalanceTokens = useSelector(
     (state: RootState) => state.settings.hideZeroBalanceTokens,
diff --git a/app/components/Views/NFTAutoDetectionModal/NFTAutoDetectionModal.tsx b/app/components/Views/NFTAutoDetectionModal/NFTAutoDetectionModal.tsx
index bf787491664..60fd03a7919 100644
--- a/app/components/Views/NFTAutoDetectionModal/NFTAutoDetectionModal.tsx
+++ b/app/components/Views/NFTAutoDetectionModal/NFTAutoDetectionModal.tsx
@@ -22,9 +22,9 @@ import { useNavigation } from '@react-navigation/native';
 import Engine from '../../../core/Engine';
 import { useMetrics } from '../../../components/hooks/useMetrics';
 import { MetaMetricsEvents } from '../../../core/Analytics';
-import { selectChainId } from '../../../selectors/networkController';
 import { useSelector } from 'react-redux';
 import { selectDisplayNftMedia } from '../../../selectors/preferencesController';
+import { useChainId } from '../../../selectors/hooks';
 
 const walletImage = require('../../../images/wallet-alpha.png');
 
@@ -32,7 +32,7 @@ const NFTAutoDetectionModal = () => {
   const { styles } = useStyles(styleSheet, {});
   const sheetRef = useRef<BottomSheetRef>(null);
   const navigation = useNavigation();
-  const chainId = useSelector(selectChainId);
+  const chainId = useChainId();
   const displayNftMedia = useSelector(selectDisplayNftMedia);
   const { trackEvent } = useMetrics();
   const enableNftDetectionAndDismissModal = useCallback(
diff --git a/app/components/Views/NftDetails/NftDetails.tsx b/app/components/Views/NftDetails/NftDetails.tsx
index 452a61c5ab0..7a1b159792e 100644
--- a/app/components/Views/NftDetails/NftDetails.tsx
+++ b/app/components/Views/NftDetails/NftDetails.tsx
@@ -26,10 +26,7 @@ import ClipboardManager from '../../../core/ClipboardManager';
 import { useDispatch, useSelector } from 'react-redux';
 import { showAlert } from '../../../actions/alert';
 import { strings } from '../../../../locales/i18n';
-import {
-  selectChainId,
-  selectTicker,
-} from '../../../selectors/networkController';
+import { selectTicker } from '../../../selectors/networkController';
 import etherscanLink from '@metamask/etherscan-link';
 import {
   selectConversionRate,
@@ -47,11 +44,12 @@ import { renderShortText } from '../../../util/general';
 import { prefixUrlWithProtocol } from '../../../util/browser';
 import { formatTimestampToYYYYMMDD } from '../../../util/date';
 import MAX_TOKEN_ID_LENGTH from './nftDetails.utils';
+import { useChainId } from '../../../selectors/hooks';
 
 const NftDetails = () => {
   const navigation = useNavigation();
   const { collectible } = useParams<NftDetailsParams>();
-  const chainId = useSelector(selectChainId);
+  const chainId = useChainId();
   const dispatch = useDispatch();
   const currentCurrency = useSelector(selectCurrentCurrency);
   const ticker = useSelector(selectTicker);
diff --git a/app/components/Views/Wallet/index.tsx b/app/components/Views/Wallet/index.tsx
index a5ccb6e25ea..6b019fb362e 100644
--- a/app/components/Views/Wallet/index.tsx
+++ b/app/components/Views/Wallet/index.tsx
@@ -105,6 +105,8 @@ import { ButtonVariants } from '../../../component-library/components/Buttons/Bu
 import { useListNotifications } from '../../../util/notifications/hooks/useNotifications';
 import { PortfolioBalance } from '../../UI/Tokens/TokenList/PortfolioBalance';
 import { isObject } from 'lodash';
+import { useChainId } from '../../../selectors/hooks';
+
 const createStyles = ({ colors, typography }: Theme) =>
   StyleSheet.create({
     base: {
@@ -178,6 +180,10 @@ const Wallet = ({
   const dispatch = useDispatch();
   const networkConfigurations = useSelector(selectNetworkConfigurations);
 
+  /**
+   * Selected chain id (with potential support for per-dapp selected chain)
+   */
+  const chainId = useChainId();
   /**
    * Object containing the balance of the current selected account
    */
@@ -215,7 +221,7 @@ const Wallet = ({
    * Provider configuration for the current selected network
    */
   const providerConfig = useSelector(selectProviderConfig);
-  const prevChainId = usePrevious(providerConfig.chainId);
+  const prevChainId = usePrevious(chainId);
 
   const isDataCollectionForMarketingEnabled = useSelector(
     (state: RootState) => state.security.dataCollectionForMarketing,
@@ -324,9 +330,9 @@ const Wallet = ({
       screen: Routes.SHEET.NETWORK_SELECTOR,
     });
     trackEvent(MetaMetricsEvents.NETWORK_SELECTOR_PRESSED, {
-      chain_id: getDecimalChainId(providerConfig.chainId),
+      chain_id: getDecimalChainId(chainId),
     });
-  }, [navigate, providerConfig.chainId, trackEvent]);
+  }, [navigate, chainId, trackEvent]);
 
   const isNetworkDuplicated = Object.values(networkConfigurations).some(
     (networkConfiguration) =>
@@ -336,7 +342,7 @@ const Wallet = ({
   );
 
   const checkNftAutoDetectionModal = useCallback(() => {
-    const isOnMainnet = isMainNet(providerConfig.chainId);
+    const isOnMainnet = isMainNet(chainId);
     if (!useNftDetection && isOnMainnet && !isNFTAutoDetectionModalViewed) {
       navigation.navigate(Routes.MODAL.ROOT_MODAL_FLOW, {
         screen: Routes.MODAL.NFT_AUTO_DETECTION_MODAL,
@@ -347,7 +353,7 @@ const Wallet = ({
     dispatch,
     isNFTAutoDetectionModalViewed,
     navigation,
-    providerConfig.chainId,
+    chainId,
     useNftDetection,
   ]);
 
@@ -380,14 +386,11 @@ const Wallet = ({
    */
   useEffect(() => {
     const networkOnboarded = getIsNetworkOnboarded(
-      providerConfig.chainId,
+      chainId,
       networkOnboardingState,
     );
 
-    if (
-      wizardStep > 0 ||
-      (!networkOnboarded && prevChainId !== providerConfig.chainId)
-    ) {
+    if (wizardStep > 0 || (!networkOnboarded && prevChainId !== chainId)) {
       // Do not check since it will conflict with the onboarding wizard and/or network onboarding
       return;
     }
@@ -401,7 +404,7 @@ const Wallet = ({
         ).isZero();
         const shouldShowStxOptInModal =
           await shouldShowSmartTransactionsOptInModal(
-            providerConfig.chainId,
+            chainId,
             providerConfig.rpcUrl,
             accountHasZeroBalance,
           );
@@ -424,7 +427,7 @@ const Wallet = ({
   }, [
     wizardStep,
     navigation,
-    providerConfig.chainId,
+    chainId,
     providerConfig.rpcUrl,
     networkOnboardingState,
     prevChainId,
@@ -440,7 +443,7 @@ const Wallet = ({
       });
     },
     /* eslint-disable-next-line */
-    [navigation, providerConfig.chainId],
+    [navigation, chainId],
   );
 
   useLayoutEffect(() => {
diff --git a/app/selectors/hooks.test.ts b/app/selectors/hooks.test.ts
new file mode 100644
index 00000000000..a91b37efbec
--- /dev/null
+++ b/app/selectors/hooks.test.ts
@@ -0,0 +1,48 @@
+import { renderHook } from '@testing-library/react-hooks';
+import { useSelector } from 'react-redux';
+import { useChainId } from './hooks';
+import { selectChainId } from '../selectors/networkController';
+
+// Mock useSelector from react-redux
+jest.mock('react-redux', () => ({
+  useSelector: jest.fn(),
+}));
+
+// Mock the selector
+jest.mock('../selectors/networkController', () => ({
+  selectChainId: jest.fn(),
+}));
+
+describe('useChainId hook', () => {
+  afterEach(() => {
+    jest.clearAllMocks(); // Clear mocks after each test to avoid test contamination
+  });
+
+  it('should return the chain ID from the redux store', () => {
+    const mockChainId = 1;
+
+    // Mock the selector to return the mockChainId
+    (useSelector as jest.Mock).mockImplementation((selectorFn) => {
+      if (selectorFn === selectChainId) {
+        return mockChainId;
+      }
+    });
+
+    const { result } = renderHook(() => useChainId());
+
+    expect(result.current).toBe(mockChainId);
+  });
+
+  it('should return undefined if the chain ID is not set', () => {
+    // Mock the selector to return undefined
+    (useSelector as jest.Mock).mockImplementation((selectorFn) => {
+      if (selectorFn === selectChainId) {
+        return undefined;
+      }
+    });
+
+    const { result } = renderHook(() => useChainId());
+
+    expect(result.current).toBeUndefined();
+  });
+});
diff --git a/app/selectors/hooks.ts b/app/selectors/hooks.ts
new file mode 100644
index 00000000000..0d2e56e64e7
--- /dev/null
+++ b/app/selectors/hooks.ts
@@ -0,0 +1,10 @@
+import { useSelector } from 'react-redux';
+import { selectChainId } from '../selectors/networkController';
+
+export const useChainId = () => {
+  // For now, just use the global chain ID from the selector
+  const chainId = useSelector(selectChainId);
+
+  // Future implementation could enhance this to support per-dapp chain ID
+  return chainId;
+};