diff --git a/src/State/Hub.php b/src/State/Hub.php
index 0bd7aa3c8..3840088fe 100644
--- a/src/State/Hub.php
+++ b/src/State/Hub.php
@@ -252,6 +252,10 @@ public function getIntegration(string $className): ?IntegrationInterface
     public function startTransaction(TransactionContext $context, array $customSamplingContext = []): Transaction
     {
         $transaction = new Transaction($context, $this);
+
+        // Sync the transaction name with the scope
+        $this->getScope()->setTransactionName($transaction->getName());
+
         $client = $this->getClient();
         $options = $client !== null ? $client->getOptions() : null;
 
diff --git a/src/State/Scope.php b/src/State/Scope.php
index 546072f4e..c7fc4d5ab 100644
--- a/src/State/Scope.php
+++ b/src/State/Scope.php
@@ -75,6 +75,11 @@ class Scope
      */
     private $span;
 
+    /**
+     * @var string|null The transaction name
+     */
+    private $transactionName;
+
     /**
      * @var callable[] List of event processors
      *
@@ -363,6 +368,10 @@ public function applyToEvent(Event $event, ?EventHint $hint = null, ?Options $op
             $event->setExtra(array_merge($this->extra, $event->getExtra()));
         }
 
+        if ($this->transactionName !== null) {
+            $event->setTransaction($this->transactionName);
+        }
+
         if ($this->user !== null) {
             $user = $event->getUser();
 
@@ -460,6 +469,25 @@ public function getTransaction(): ?Transaction
         return null;
     }
 
+    /**
+     * Set the transaction name on the scope as well as on the transaction
+     * attached to the scope (if there is one).
+     */
+    public function setTransactionName(string $name): self
+    {
+        $this->transactionName = $name;
+
+        // If we have an active transaction, update its name as well
+        if ($this->span !== null) {
+            $transaction = $this->span->getTransaction();
+            if ($transaction !== null) {
+                $transaction->setName($name);
+            }
+        }
+
+        return $this;
+    }
+
     public function getPropagationContext(): PropagationContext
     {
         return $this->propagationContext;
diff --git a/src/Tracing/Transaction.php b/src/Tracing/Transaction.php
index a0faf4215..3417d3713 100644
--- a/src/Tracing/Transaction.php
+++ b/src/Tracing/Transaction.php
@@ -9,6 +9,7 @@
 use Sentry\Profiling\Profiler;
 use Sentry\SentrySdk;
 use Sentry\State\HubInterface;
+use Sentry\State\Scope;
 
 /**
  * This class stores all the information about a Transaction.
@@ -77,6 +78,11 @@ public function setName(string $name): self
     {
         $this->name = $name;
 
+        // Sync the transaction name with the scope
+        $this->hub->configureScope(function (Scope $scope) use ($name) {
+            $scope->setTransactionName($name);
+        });
+
         return $this;
     }