diff --git a/svm/src/transaction_processor.rs b/svm/src/transaction_processor.rs
index cc694ebd0a3a85..0c456c918d68ff 100644
--- a/svm/src/transaction_processor.rs
+++ b/svm/src/transaction_processor.rs
@@ -731,13 +731,21 @@ impl<FG: ForkGraph> TransactionBatchProcessor<FG> {
 
         let mut timings = ExecuteDetailsTimings::default();
         load_program_metrics.submit_datapoint(&mut timings);
-        // There can be two entries per program when the environment changes.
-        // One for the old environment before the epoch boundary and one for the new environment after the epoch boundary.
-        // These two entries have the same deployment slot, so they must differ in their effective slot instead.
-        // This is done by setting the effective slot of the entry for the new environment to the epoch boundary.
-        loaded_program.effective_slot = loaded_program
-            .effective_slot
-            .max(self.epoch_schedule.get_first_slot_in_epoch(effective_epoch));
+        if !Arc::ptr_eq(
+            &environments.program_runtime_v1,
+            &loaded_programs_cache.environments.program_runtime_v1,
+        ) || !Arc::ptr_eq(
+            &environments.program_runtime_v2,
+            &loaded_programs_cache.environments.program_runtime_v2,
+        ) {
+            // There can be two entries per program when the environment changes.
+            // One for the old environment before the epoch boundary and one for the new environment after the epoch boundary.
+            // These two entries have the same deployment slot, so they must differ in their effective slot instead.
+            // This is done by setting the effective slot of the entry for the new environment to the epoch boundary.
+            loaded_program.effective_slot = loaded_program
+                .effective_slot
+                .max(self.epoch_schedule.get_first_slot_in_epoch(effective_epoch));
+        }
         loaded_program.update_access_slot(self.slot);
         Arc::new(loaded_program)
     }