diff --git a/crates/net/eth-wire/src/ethstream.rs b/crates/net/eth-wire/src/ethstream.rs
index 836a8f627f..c11e6b4b5c 100644
--- a/crates/net/eth-wire/src/ethstream.rs
+++ b/crates/net/eth-wire/src/ethstream.rs
@@ -51,7 +51,10 @@ where
         status: Status,
         fork_filter: ForkFilter,
     ) -> Result<(EthStream<S>, Status), EthStreamError> {
-        tracing::trace!("sending eth status ...");
+        tracing::trace!(
+            %status,
+            "sending eth status to peer"
+        );
 
         // we need to encode and decode here on our own because we don't have an `EthStream` yet
         // The max length for a status with TTD is: <msg id = 1 byte> + <rlp(status) = 88 byte>
@@ -60,7 +63,7 @@ where
         let our_status_bytes = our_status_bytes.freeze();
         self.inner.send(our_status_bytes).await?;
 
-        tracing::trace!("waiting for eth status from peer ...");
+        tracing::trace!("waiting for eth status from peer");
         let their_msg = self
             .inner
             .next()
@@ -83,6 +86,10 @@ where
         // https://github.com/ethereum/go-ethereum/blob/9244d5cd61f3ea5a7645fdf2a1a96d53421e412f/eth/protocols/eth/handshake.go#L87-L89
         match msg.message {
             EthMessage::Status(resp) => {
+                tracing::trace!(
+                    status=%resp,
+                    "validating incoming eth status from peer"
+                );
                 if status.genesis != resp.genesis {
                     return Err(EthHandshakeError::MismatchedGenesis {
                         expected: status.genesis,
diff --git a/crates/net/eth-wire/src/p2pstream.rs b/crates/net/eth-wire/src/p2pstream.rs
index 9bbf744c28..a3f9d160e4 100644
--- a/crates/net/eth-wire/src/p2pstream.rs
+++ b/crates/net/eth-wire/src/p2pstream.rs
@@ -77,14 +77,14 @@ where
         mut self,
         hello: HelloMessage,
     ) -> Result<(P2PStream<S>, HelloMessage), P2PStreamError> {
-        tracing::trace!("sending p2p hello ...");
+        tracing::trace!(?hello, "sending p2p hello to peer");
 
         // send our hello message with the Sink
         let mut raw_hello_bytes = BytesMut::new();
         P2PMessage::Hello(hello.clone()).encode(&mut raw_hello_bytes);
         self.inner.send(raw_hello_bytes.into()).await?;
 
-        tracing::trace!("waiting for p2p hello from peer ...");
+        tracing::trace!("waiting for p2p hello from peer");
 
         let first_message_bytes = tokio::time::timeout(HANDSHAKE_TIMEOUT, self.inner.next())
             .await
@@ -123,6 +123,11 @@ where
             }
         }?;
 
+        tracing::trace!(
+            hello=?their_hello,
+            "validating incoming p2p hello from peer"
+        );
+
         // TODO: explicitly document that we only support v5.
         if their_hello.protocol_version != ProtocolVersion::V5 {
             // TODO: do we want to send a `Disconnect` message here?
@@ -219,14 +224,16 @@ impl<S> P2PStream<S> {
         let mut buf = BytesMut::with_capacity(disconnect.length());
         disconnect.encode(&mut buf);
 
-        tracing::trace!(
-            fromlen=%buf.len(),
-            msg=%hex::encode(&buf),
-            "Compressing disconnect message",
-        );
-
         let mut compressed = BytesMut::zeroed(1 + snap::raw::max_compress_len(buf.len() - 1));
-        let compressed_size = self.encoder.compress(&buf[1..], &mut compressed[1..])?;
+        let compressed_size =
+            self.encoder.compress(&buf[1..], &mut compressed[1..]).map_err(|err| {
+                tracing::debug!(
+                    ?err,
+                    msg=%hex::encode(&buf[1..]),
+                    "error compressing disconnect"
+                );
+                err
+            })?;
 
         // truncate the compressed buffer to the actual compressed size (plus one for the message
         // id)
@@ -236,12 +243,6 @@ impl<S> P2PStream<S> {
         // message
         compressed[0] = buf[0];
 
-        tracing::trace!(
-            tolen=%compressed.len(),
-            compressed=%hex::encode(&compressed),
-            "Compressed disconnect message",
-        );
-
         self.outgoing_messages.push_back(compressed.freeze());
         self.disconnecting = true;
         Ok(())
@@ -326,16 +327,16 @@ where
             // the message ID byte, which is the first byte in this buffer
             let mut decompress_buf = BytesMut::zeroed(decompressed_len + 1);
 
-            tracing::trace!(
-                fromlen=%bytes.len(),
-                tolen=%decompress_buf.len(),
-                msg=%hex::encode(&bytes),
-                "Decompressing message",
-            );
-
             // each message following a successful handshake is compressed with snappy, so we need
             // to decompress the message before we can decode it.
-            this.decoder.decompress(&bytes[1..], &mut decompress_buf[1..])?;
+            this.decoder.decompress(&bytes[1..], &mut decompress_buf[1..]).map_err(|err| {
+                tracing::debug!(
+                    ?err,
+                    msg=%hex::encode(&bytes[1..]),
+                    "error decompressing p2p message"
+                );
+                err
+            })?;
 
             let id = *bytes.first().ok_or(P2PStreamError::EmptyProtocolMessage)?;
             match id {
@@ -442,14 +443,16 @@ where
             return Err(P2PStreamError::SendBufferFull)
         }
 
-        tracing::trace!(
-            fromlen=%item.len(),
-            msg=%hex::encode(&item),
-            "Compressing message",
-        );
-
         let mut compressed = BytesMut::zeroed(1 + snap::raw::max_compress_len(item.len() - 1));
-        let compressed_size = this.encoder.compress(&item[1..], &mut compressed[1..])?;
+        let compressed_size =
+            this.encoder.compress(&item[1..], &mut compressed[1..]).map_err(|err| {
+                tracing::debug!(
+                    ?err,
+                    msg=%hex::encode(&item[1..]),
+                    "error compressing p2p message"
+                );
+                err
+            })?;
 
         // truncate the compressed buffer to the actual compressed size (plus one for the message
         // id)