diff --git a/gui/src/app/mod.rs b/gui/src/app/mod.rs
index aaf5e8f1..bf0c4bf7 100644
--- a/gui/src/app/mod.rs
+++ b/gui/src/app/mod.rs
@@ -67,6 +67,7 @@ impl Panels {
                 wallet.clone(),
                 &cache.coins,
                 cache.blockheight,
+                cache.sync_progress,
                 cache.last_poll_timestamp,
                 daemon_backend.clone(),
             ),
diff --git a/gui/src/app/state/mod.rs b/gui/src/app/state/mod.rs
index 57841da1..00b1489e 100644
--- a/gui/src/app/state/mod.rs
+++ b/gui/src/app/state/mod.rs
@@ -79,10 +79,13 @@ pub fn redirect(menu: Menu) -> Command<Message> {
 fn sync_status(
     daemon_backend: DaemonBackend,
     blockheight: i32,
+    sync_progress: f64,
     last_poll: Option<u32>,
     last_poll_at_startup: Option<u32>,
 ) -> SyncStatus {
-    if blockheight <= 0 {
+    if sync_progress < 1.0 {
+        return SyncStatus::BlockchainSync(sync_progress);
+    } else if blockheight <= 0 {
         // If blockheight <= 0, then this is a newly created wallet.
         // If user imported descriptor and is using a local bitcoind, a rescan
         // will need to be performed in order to see past transactions and so the
@@ -134,6 +137,7 @@ impl Home {
         wallet: Arc<Wallet>,
         coins: &[Coin],
         blockheight: i32,
+        sync_progress: f64,
         last_poll: Option<u32>,
         daemon_backend: DaemonBackend,
     ) -> Self {
@@ -150,7 +154,13 @@ impl Home {
             },
         );
 
-        let sync_status = sync_status(daemon_backend, blockheight, last_poll, last_poll);
+        let sync_status = sync_status(
+            daemon_backend,
+            blockheight,
+            sync_progress,
+            last_poll,
+            last_poll,
+        );
 
         Self {
             wallet,
@@ -174,11 +184,13 @@ impl Home {
         &self,
         daemon_backend: DaemonBackend,
         blockheight: i32,
+        sync_progress: f64,
         last_poll: Option<u32>,
     ) -> SyncStatus {
         sync_status(
             daemon_backend,
             blockheight,
+            sync_progress,
             last_poll,
             self.last_poll_at_startup,
         )
@@ -296,6 +308,7 @@ impl State for Home {
                 self.sync_status = self.sync_status(
                     daemon.backend(),
                     cache.blockheight,
+                    cache.sync_progress,
                     cache.last_poll_timestamp,
                 );
                 // If this is the current panel, reload it if wallet is no longer syncing.
diff --git a/gui/src/app/view/home.rs b/gui/src/app/view/home.rs
index 6da3bce2..c4bcdead 100644
--- a/gui/src/app/view/home.rs
+++ b/gui/src/app/view/home.rs
@@ -62,11 +62,14 @@ pub fn home_view<'a>(
                     Some(
                         Row::new()
                             .push(
-                                text(if *sync_status == SyncStatus::WalletFullScan {
-                                    "Syncing"
-                                } else {
-                                    "Checking for new transactions"
-                                })
+                                match sync_status {
+                                    SyncStatus::BlockchainSync(progress) => text(format!(
+                                        "Syncing blockchain ({:.1}%)",
+                                        100.0 * *progress
+                                    )),
+                                    SyncStatus::WalletFullScan => text("Syncing"),
+                                    _ => text("Checking for new transactions"),
+                                }
                                 .style(color::GREY_2),
                             )
                             .push(spinner::typing_text_carousel(
diff --git a/gui/src/app/wallet.rs b/gui/src/app/wallet.rs
index 9dfade00..506e3984 100644
--- a/gui/src/app/wallet.rs
+++ b/gui/src/app/wallet.rs
@@ -197,6 +197,8 @@ pub enum SyncStatus {
     WalletFullScan,
     /// Wallet is syncing with latest transactions.
     LatestWalletSync,
+    /// Blockchain is syncing with given progress between 0.0 and 1.0.
+    BlockchainSync(f64),
 }
 
 impl SyncStatus {