diff --git a/packages/beacon-node/src/chain/blocks/verifyBlocksStateTransitionOnly.ts b/packages/beacon-node/src/chain/blocks/verifyBlocksStateTransitionOnly.ts
index 49cd46220008..fda245bc5000 100644
--- a/packages/beacon-node/src/chain/blocks/verifyBlocksStateTransitionOnly.ts
+++ b/packages/beacon-node/src/chain/blocks/verifyBlocksStateTransitionOnly.ts
@@ -12,6 +12,12 @@ import {BlockProcessOpts} from "../options.js";
 import {byteArrayEquals} from "../../util/bytes.js";
 import {nextEventLoop} from "../../util/eventLoop.js";
 import {BlockInput, ImportBlockOpts} from "./types.js";
+import {HashComputationGroup} from "@chainsafe/persistent-merkle-tree";
+
+/**
+ * Data in a BeaconBlock is bounded so we can use a single HashComputationGroup for all blocks
+ */
+const blockHCGroup = new HashComputationGroup();
 
 /**
  * Verifies 1 or more blocks are fully valid running the full state transition; from a linear sequence of blocks.
@@ -63,7 +69,7 @@ export async function verifyBlocksStateTransitionOnly(
     const hashTreeRootTimer = metrics?.stateHashTreeRootTime.startTimer({
       source: StateHashTreeRootSource.blockTransition,
     });
-    const stateRoot = postState.hashTreeRoot();
+    const stateRoot = postState.hashTreeRoot(blockHCGroup);
     hashTreeRootTimer?.();
 
     // Check state root matches
diff --git a/packages/beacon-node/src/chain/prepareNextSlot.ts b/packages/beacon-node/src/chain/prepareNextSlot.ts
index 48724ab25b0b..da77665377a5 100644
--- a/packages/beacon-node/src/chain/prepareNextSlot.ts
+++ b/packages/beacon-node/src/chain/prepareNextSlot.ts
@@ -18,6 +18,7 @@ import {isQueueErrorAborted} from "../util/queue/index.js";
 import {prepareExecutionPayload, getPayloadAttributesForSSE} from "./produceBlock/produceBlockBody.js";
 import {IBeaconChain} from "./interface.js";
 import {RegenCaller} from "./regen/index.js";
+import {HashComputationGroup} from "@chainsafe/persistent-merkle-tree";
 
 /* With 12s slot times, this scheduler will run 4s before the start of each slot (`12 / 3 = 4`). */
 export const SCHEDULER_LOOKAHEAD_FACTOR = 3;
@@ -25,6 +26,11 @@ export const SCHEDULER_LOOKAHEAD_FACTOR = 3;
 /* We don't want to do more epoch transition than this */
 const PREPARE_EPOCH_LIMIT = 1;
 
+/**
+ * The same HashComputationGroup to be used for all epoch transition.
+ */
+const balancesHCGroup = new HashComputationGroup();
+
 /**
  * At Bellatrix, if we are responsible for proposing in next slot, we want to prepare payload
  * 4s (1/3 slot) before the start of next slot
@@ -229,7 +235,16 @@ export class PrepareNextSlotScheduler {
     const hashTreeRootTimer = this.metrics?.stateHashTreeRootTime.startTimer({
       source: isEpochTransition ? StateHashTreeRootSource.prepareNextEpoch : StateHashTreeRootSource.prepareNextSlot,
     });
-    state.hashTreeRoot();
+    if (isEpochTransition) {
+      // balances are completely changed per epoch and it's not much different so we can reuse the HashComputationGroup
+      state.balances.hashTreeRoot(balancesHCGroup);
+      // it's more performant to use normal hashTreeRoot() for the rest of the state
+      // this saves ~10ms per ~100ms as monitored on mainnet as of Jul 2024
+      state.node.rootHashObject;
+    } else {
+      // normal slot, not worth to batch hash
+      state.node.rootHashObject;
+    }
     hashTreeRootTimer?.();
   }
 }
diff --git a/packages/state-transition/src/epoch/processParticipationFlagUpdates.ts b/packages/state-transition/src/epoch/processParticipationFlagUpdates.ts
index 3879d8ef8446..54d609cd1e16 100644
--- a/packages/state-transition/src/epoch/processParticipationFlagUpdates.ts
+++ b/packages/state-transition/src/epoch/processParticipationFlagUpdates.ts
@@ -21,7 +21,6 @@ export function processParticipationFlagUpdates(state: CachedBeaconStateAltair):
     state.currentEpochParticipation.node,
     zeroNode(ssz.altair.EpochParticipation.chunkDepth),
     state.currentEpochParticipation.length,
-    null
   );
 
   state.currentEpochParticipation = ssz.altair.EpochParticipation.getViewDU(currentEpochParticipationNode);
diff --git a/packages/types/src/phase0/viewDU/listValidator.ts b/packages/types/src/phase0/viewDU/listValidator.ts
index 30c6cbebfaf4..aa518c4a0208 100644
--- a/packages/types/src/phase0/viewDU/listValidator.ts
+++ b/packages/types/src/phase0/viewDU/listValidator.ts
@@ -5,7 +5,7 @@ import {
   ByteViews,
   ContainerNodeStructTreeViewDU,
 } from "@chainsafe/ssz";
-import {HashComputationGroup, Node, digestNLevel, setNodesAtDepth} from "@chainsafe/persistent-merkle-tree";
+import {HashComputationGroup, HashComputationLevel, Node, digestNLevel, setNodesAtDepth} from "@chainsafe/persistent-merkle-tree";
 import {byteArrayIntoHashObject} from "@chainsafe/as-sha256";
 import {ValidatorNodeStructType, ValidatorType, validatorToChunkBytes} from "../validator.js";
 
@@ -50,10 +50,10 @@ export class ListValidatorTreeViewDU extends ListCompositeTreeViewDU<ValidatorNo
     super(type, _rootNode, cache);
   }
 
-  commit(hashComps: HashComputationGroup | null = null): void {
+  commit(hcOffset = 0, hcByLevel: HashComputationLevel[] | null = null): void {
     const isOldRootHashed = this._rootNode.h0 !== null;
     if (this.viewsChanged.size === 0) {
-      if (!isOldRootHashed && hashComps !== null) {
+      if (!isOldRootHashed && hcByLevel !== null) {
         // not possible to get HashComputations due to BranchNodeStruct
         this._rootNode.root;
       }
@@ -125,23 +125,19 @@ export class ListValidatorTreeViewDU extends ListCompositeTreeViewDU<ValidatorNo
     const indexes = nodesChanged.map((entry) => entry.index);
     const nodes = nodesChanged.map((entry) => entry.node);
     const chunksNode = this.type.tree_getChunksNode(this._rootNode);
-    const hashCompsThis =
-      hashComps != null && isOldRootHashed
-        ? {
-            byLevel: hashComps.byLevel,
-            offset: hashComps.offset + this.type.tree_chunksNodeOffset(),
-          }
-        : null;
-    const newChunksNode = setNodesAtDepth(chunksNode, this.type.chunkDepth, indexes, nodes, hashCompsThis);
+    const offsetThis = hcOffset + this.type.tree_chunksNodeOffset();
+    const byLevelThis = hcByLevel != null && isOldRootHashed ? hcByLevel : null;
+    const newChunksNode = setNodesAtDepth(chunksNode, this.type.chunkDepth, indexes, nodes, offsetThis, byLevelThis);
 
     this._rootNode = this.type.tree_setChunksNode(
       this._rootNode,
       newChunksNode,
       this.dirtyLength ? this._length : null,
-      hashComps
+      hcOffset,
+      hcByLevel
     );
 
-    if (!isOldRootHashed && hashComps !== null) {
+    if (!isOldRootHashed && hcByLevel !== null) {
       // should never happen, handle just in case
       // not possible to get HashComputations due to BranchNodeStruct
       this._rootNode.root;