diff --git a/test/functional/test_runner.py b/test/functional/test_runner.py
index aae93f59d3..2605b5341b 100755
--- a/test/functional/test_runner.py
+++ b/test/functional/test_runner.py
@@ -117,8 +117,6 @@ BASE_SCRIPTS = [
     'mempool_updatefromblock.py',
     'p2p_tx_download.py',
     'wallet_dump.py --legacy-wallet',
-    'wallet_listtransactions.py --legacy-wallet',
-    'wallet_listtransactions.py --descriptors',
     'feature_multikeysporks.py',
     'feature_dip3_v19.py',
     'feature_llmq_signing.py', # NOTE: needs dash_hash to pass
@@ -179,6 +177,8 @@ BASE_SCRIPTS = [
     'wallet_createwallet.py --usecli',
     'wallet_createwallet.py --descriptors',
     'wallet_reorgsrestore.py',
+    'wallet_listtransactions.py --legacy-wallet',
+    'wallet_listtransactions.py --descriptors',
     'wallet_watchonly.py --legacy-wallet',
     'wallet_watchonly.py --usecli --legacy-wallet',
     'interface_http.py',
diff --git a/test/functional/wallet_listtransactions.py b/test/functional/wallet_listtransactions.py
index cb28bcb8d5..dc0106a483 100755
--- a/test/functional/wallet_listtransactions.py
+++ b/test/functional/wallet_listtransactions.py
@@ -14,12 +14,15 @@ from test_framework.util import (
 class ListTransactionsTest(BitcoinTestFramework):
     def set_test_params(self):
         self.num_nodes = 2
+        # This test isn't testing txn relay/timing, so set whitelist on the
+        # peers for instant txn relay. This speeds up the test run time 2-3x.
+        self.extra_args = [["-whitelist=noban@127.0.0.1"]] * self.num_nodes
 
     def skip_test_if_missing_module(self):
         self.skip_if_no_wallet()
 
     def run_test(self):
-        # Simple send, 0 to 1:
+        self.log.info("Test simple send from node0 to node1")
         txid = self.nodes[0].sendtoaddress(self.nodes[1].getnewaddress(), 0.1)
         self.sync_all()
         assert_array_result(self.nodes[0].listtransactions(),
@@ -28,7 +31,7 @@ class ListTransactionsTest(BitcoinTestFramework):
         assert_array_result(self.nodes[1].listtransactions(),
                             {"txid": txid},
                             {"category": "receive", "amount": Decimal("0.1"), "confirmations": 0})
-        # mine a block, confirmations should change:
+        self.log.info("Test confirmations change after mining a block")
         blockhash = self.nodes[0].generate(1)[0]
         blockheight = self.nodes[0].getblockheader(blockhash)['height']
         self.sync_all()
@@ -39,7 +42,7 @@ class ListTransactionsTest(BitcoinTestFramework):
                             {"txid": txid},
                             {"category": "receive", "amount": Decimal("0.1"), "confirmations": 1, "blockhash": blockhash, "blockheight": blockheight})
 
-        # send-to-self:
+        self.log.info("Test send-to-self on node0")
         txid = self.nodes[0].sendtoaddress(self.nodes[0].getnewaddress(), 0.2)
         assert_array_result(self.nodes[0].listtransactions(),
                             {"txid": txid, "category": "send"},
@@ -48,7 +51,7 @@ class ListTransactionsTest(BitcoinTestFramework):
                             {"txid": txid, "category": "receive"},
                             {"amount": Decimal("0.2")})
 
-        # sendmany from node1: twice to self, twice to node2:
+        self.log.info("Test sendmany from node1: twice to self, twice to node0")
         send_to = {self.nodes[0].getnewaddress(): 0.11,
                    self.nodes[1].getnewaddress(): 0.22,
                    self.nodes[0].getnewaddress(): 0.33,
@@ -82,6 +85,7 @@ class ListTransactionsTest(BitcoinTestFramework):
 
         if not self.options.descriptors:
             # include_watchonly is a legacy wallet feature, so don't test it for descriptor wallets
+            self.log.info("Test 'include_watchonly' feature (legacy wallet)")
             pubkey = self.nodes[1].getaddressinfo(self.nodes[1].getnewaddress())['pubkey']
             multisig = self.nodes[1].createmultisig(1, [pubkey])
             self.nodes[0].importaddress(multisig["redeemScript"], "watchonly", False, True)