diff --git a/electrum/gui/qml/components/NetworkOverview.qml b/electrum/gui/qml/components/NetworkOverview.qml
index 30327c5e7..f58978d59 100644
--- a/electrum/gui/qml/components/NetworkOverview.qml
+++ b/electrum/gui/qml/components/NetworkOverview.qml
@@ -55,7 +55,7 @@ Pane {
                     color: Material.accentColor
                 }
                 Label {
-                    text: Network.server
+                    text: Network.serverWithStatus
                     wrapMode: Text.WrapAnywhere
                     Layout.fillWidth: true
                 }
diff --git a/electrum/gui/qml/qenetwork.py b/electrum/gui/qml/qenetwork.py
index 33ed405bb..59d327c8b 100644
--- a/electrum/gui/qml/qenetwork.py
+++ b/electrum/gui/qml/qenetwork.py
@@ -21,7 +21,6 @@ class QENetwork(QObject, QtEventListener):
     networkUpdated = pyqtSignal()
     blockchainUpdated = pyqtSignal()
     heightChanged = pyqtSignal([int], arguments=['height'])
-    defaultServerChanged = pyqtSignal()
     proxySet = pyqtSignal()
     proxyChanged = pyqtSignal()
     statusChanged = pyqtSignal()
@@ -34,6 +33,7 @@ class QENetwork(QObject, QtEventListener):
     dataChanged = pyqtSignal()
 
     _height = 0
+    _server = ""
     _server_status = ""
     _network_status = ""
     _chaintips = 1
@@ -59,7 +59,7 @@ class QENetwork(QObject, QtEventListener):
     @event_listener
     def on_event_network_updated(self, *args):
         self.networkUpdated.emit()
-        self._update_network_status()
+        self._update_status()
 
     @event_listener
     def on_event_blockchain_updated(self):
@@ -71,7 +71,7 @@ class QENetwork(QObject, QtEventListener):
 
     @event_listener
     def on_event_default_server_changed(self, *args):
-        self.defaultServerChanged.emit()
+        self._update_status()
 
     @event_listener
     def on_event_proxy_set(self, *args):
@@ -79,15 +79,15 @@ class QENetwork(QObject, QtEventListener):
         self.proxySet.emit()
         self.proxyTorChanged.emit()
 
-    def _update_network_status(self):
+    def _update_status(self):
+        server = str(self.network.get_parameters().server)
+        if self._server != server:
+            self._server = server
+            self.statusChanged.emit()
         network_status = self.network.get_status()
         if self._network_status != network_status:
             self._network_status = network_status
             self.statusChanged.emit()
-
-    @event_listener
-    def on_event_status(self, *args):
-        self._update_network_status()
         server_status = self.network.connection_status
         self._logger.debug('server_status updated: %s' % server_status)
         if self._server_status != server_status:
@@ -104,6 +104,10 @@ class QENetwork(QObject, QtEventListener):
             self._islagging = server_lag > 1
             self.isLaggingChanged.emit()
 
+    @event_listener
+    def on_event_status(self, *args):
+        self._update_status()
+
     @event_listener
     def on_event_fee_histogram(self, histogram):
         self._logger.debug(f'fee histogram updated: {repr(histogram)}')
@@ -167,12 +171,12 @@ class QENetwork(QObject, QtEventListener):
     def height(self):
         return self._height
 
-    @pyqtProperty(str, notify=defaultServerChanged)
+    @pyqtProperty(str, notify=statusChanged)
     def server(self):
-        return str(self.network.get_parameters().server)
+        return self._server
 
     @server.setter
-    def server(self, server):
+    def server(self, server: str):
         net_params = self.network.get_parameters()
         try:
             server = ServerAddr.from_str_with_inference(server)
@@ -182,6 +186,13 @@ class QENetwork(QObject, QtEventListener):
         net_params = net_params._replace(server=server, auto_connect=self._qeconfig.autoConnect)
         self.network.run_from_another_thread(self.network.set_parameters(net_params))
 
+    @pyqtProperty(str, notify=statusChanged)
+    def serverWithStatus(self):
+        server = self._server
+        if self._server_status != "connected":  # connecting or disconnected
+            return f"{server} (connecting...)"
+        return server
+
     @pyqtProperty(str, notify=statusChanged)
     def status(self):
         return self._network_status