diff --git a/go.mod b/go.mod
index d00f81b4..e482e1ad 100644
--- a/go.mod
+++ b/go.mod
@@ -15,7 +15,7 @@ require (
 	github.com/chuckpreslar/emission v0.0.0-20170206194824-a7ddd980baf9
 	github.com/creasty/defaults v1.7.0
 	github.com/ethereum/go-ethereum v1.14.10
-	github.com/ethpandaops/beacon v0.41.0
+	github.com/ethpandaops/beacon v0.42.0
 	github.com/ethpandaops/ethcore v0.0.0-20240422023000-2a5727b18756
 	github.com/ethpandaops/ethwallclock v0.3.0
 	github.com/go-co-op/gocron v1.27.1
diff --git a/go.sum b/go.sum
index 5b9a9184..6f63c6a0 100644
--- a/go.sum
+++ b/go.sum
@@ -248,8 +248,8 @@ github.com/ethereum/go-ethereum v1.14.10 h1:kC24WjYeRjDy86LVo6MfF5Xs7nnUu+XG4Aja
 github.com/ethereum/go-ethereum v1.14.10/go.mod h1:+l/fr42Mma+xBnhefL/+z11/hcmJ2egl+ScIVPjhc7E=
 github.com/ethereum/go-verkle v0.1.1-0.20240829091221-dffa7562dbe9 h1:8NfxH2iXvJ60YRB8ChToFTUzl8awsc3cJ8CbLjGIl/A=
 github.com/ethereum/go-verkle v0.1.1-0.20240829091221-dffa7562dbe9/go.mod h1:M3b90YRnzqKyyzBEWJGqj8Qff4IDeXnzFw0P9bFw3uk=
-github.com/ethpandaops/beacon v0.41.0 h1:9CmgNeTZ6X+B1U7SOJzy3rf6WFtFb3CA2DTFEgGwLc8=
-github.com/ethpandaops/beacon v0.41.0/go.mod h1:hKfalJGsF4BuWPwcGCX/4fdQR31zDJVaTLWwrkfNTzw=
+github.com/ethpandaops/beacon v0.42.0 h1:5a3ld5wuAgX+N5KxEPuNfxDhdeiBG4gXlTAgCm0AuSE=
+github.com/ethpandaops/beacon v0.42.0/go.mod h1:hKfalJGsF4BuWPwcGCX/4fdQR31zDJVaTLWwrkfNTzw=
 github.com/ethpandaops/ethcore v0.0.0-20240422023000-2a5727b18756 h1:8JWjrRfP14m0oxOk03m11n/xgdY5ceyUf/ZxYdOs5gE=
 github.com/ethpandaops/ethcore v0.0.0-20240422023000-2a5727b18756/go.mod h1:ZvKqL6CKxiraefdXPHeJurV2pDD/f2HF2uklDVdrry8=
 github.com/ethpandaops/ethwallclock v0.3.0 h1:xF5fwtBf+bHFHZKBnwiPFEuelW3sMM7SD3ZNFq1lJY4=
diff --git a/pkg/sentry/ethereum/beacon.go b/pkg/sentry/ethereum/beacon.go
index aaaf739b..3f0b208c 100644
--- a/pkg/sentry/ethereum/beacon.go
+++ b/pkg/sentry/ethereum/beacon.go
@@ -67,8 +67,13 @@ func (b *BeaconNode) Start(ctx context.Context) error {
 	s := gocron.NewScheduler(time.Local)
 
 	errs := make(chan error, 1)
+	healthyFirstTime := make(chan struct{})
+
+	b.beacon.OnFirstTimeHealthy(ctx, func(ctx context.Context, event *beacon.FirstTimeHealthyEvent) error {
+		b.log.Info("Upstream beacon node is healthy")
+
+		close(healthyFirstTime)
 
-	go func() {
 		wg := sync.WaitGroup{}
 
 		for _, service := range b.services {
@@ -88,6 +93,8 @@ func (b *BeaconNode) Start(ctx context.Context) error {
 				errs <- fmt.Errorf("failed to start service: %w", err)
 			}
 
+			b.log.WithField("service", service.Name()).Info("Waiting for service to be ready")
+
 			wg.Wait()
 		}
 
@@ -98,14 +105,26 @@ func (b *BeaconNode) Start(ctx context.Context) error {
 				errs <- fmt.Errorf("failed to run on ready callback: %w", err)
 			}
 		}
-	}()
+
+		return nil
+	})
 
 	s.StartAsync()
 
-	if err := b.beacon.Start(ctx); err != nil {
+	b.beacon.StartAsync(ctx)
+
+	select {
+	case err := <-errs:
 		return err
+	case <-ctx.Done():
+		return ctx.Err()
+	case <-healthyFirstTime:
+		// Beacon node is healthy, continue with normal operation
+	case <-time.After(10 * time.Minute):
+		return errors.New("upstream beacon node is not healthy. check your configuration.")
 	}
 
+	// Wait for any errors after the first healthy event
 	select {
 	case err := <-errs:
 		return err
diff --git a/pkg/sentry/ethereum/services/metadata.go b/pkg/sentry/ethereum/services/metadata.go
index ddc2c29d..7295460f 100644
--- a/pkg/sentry/ethereum/services/metadata.go
+++ b/pkg/sentry/ethereum/services/metadata.go
@@ -67,10 +67,14 @@ func (m *MetadataService) Start(ctx context.Context) error {
 			return nil
 		}
 
-		if err := backoff.Retry(operation, backoff.NewExponentialBackOff()); err != nil {
+		if err := backoff.RetryNotify(operation, backoff.NewExponentialBackOff(), func(err error, duration time.Duration) {
+			m.log.WithError(err).Warnf("Failed to refresh metadata, retrying in %s", duration)
+		}); err != nil {
 			m.log.WithError(err).Warn("Failed to refresh metadata")
 		}
 
+		m.log.Info("Metadata service is ready")
+
 		for _, cb := range m.onReadyCallbacks {
 			if err := cb(ctx); err != nil {
 				m.log.WithError(err).Warn("Failed to execute onReady callback")