Chain switch is not reflected in address and balance

[mahnunchik]

I'm experiencing an issue with a dApp when connecting via WalletConnect to a wallet that uses different addresses for different chains.

Example of approved namespaces from the connected WalletConnect session:

{
    "eip155": {
        "chains": [
            "eip155:42161",
            "eip155:1",
            "eip155:8453",
            "eip155:137"
        ],
        "methods": [...],
        "events": [...],
        "accounts": [
            "eip155:42161:0xAd8eDE8697aF92AF31Fe66EDAD9A52A74F74464E",
            "eip155:1:0xB6bB59b3aC844e8e4A98A281D57E3E0628bcb471",
            "eip155:8453:0x750b363f6FBD64Ae2c8671972a97e928c8a0fD34",
            "eip155:137:0x9492A87Fc4c112Fe10123B1D3Aa6fBa5e14F1479"
        ]
    }
}

As you can see, each chain uses a different address.

Steps to reproduce:

1. Open https://coin.space/wallet/ or any other wallet that uses different addresses for different chains
2. Connect the dApp to the wallet using WalletConnect
3. Switch the chain in the dApp interface

Expected behavior:
The address should change and the balance should update based on the selected chain.

Actual behavior:
The address stays the same as it was for the previous chain.

The root cause is in the WalletConnect library: WalletConnect/walletconnect-monorepo#5706 A fix has been prepared but hasn't been merged yet.

The same issue occurs in other dApps as well:

• [BUG] Address remains unchanged when switching chains pancakeswap/pancake-frontend#11325
• Switched chain is not reflected in the address and balance Uniswap/interface#7859
• [WalletConnect] Cross-Chain swap to an incorrect address Uniswap/interface#7864