diff --git a/target_chains/solana/programs/pyth-price-store/src/processor/initialize_publisher.rs b/target_chains/solana/programs/pyth-price-store/src/processor/initialize_publisher.rs
index d0c3c5a624..0a1aacf1f1 100644
--- a/target_chains/solana/programs/pyth-price-store/src/processor/initialize_publisher.rs
+++ b/target_chains/solana/programs/pyth-price-store/src/processor/initialize_publisher.rs
@@ -13,7 +13,7 @@ use {
             validate_authority,
             validate_buffer,
             validate_config,
-            validate_publisher_config,
+            validate_publisher_config_for_init,
             validate_system,
         },
     },
@@ -51,12 +51,11 @@ pub fn initialize_publisher(
     let first_account = accounts.next();
     let config = validate_config(accounts.next(), args.config_bump, program_id, false)?;
     let authority = validate_authority(first_account, config)?;
-    let publisher_config = validate_publisher_config(
+    let publisher_config = validate_publisher_config_for_init(
         accounts.next(),
         args.publisher_config_bump,
         &args.publisher.into(),
         program_id,
-        true,
     )?;
     let buffer = validate_buffer(accounts.next(), program_id)?;
     let system = validate_system(accounts.next())?;
diff --git a/target_chains/solana/programs/pyth-price-store/src/processor/submit_prices.rs b/target_chains/solana/programs/pyth-price-store/src/processor/submit_prices.rs
index 7abc53fd9b..5f521a78d5 100644
--- a/target_chains/solana/programs/pyth-price-store/src/processor/submit_prices.rs
+++ b/target_chains/solana/programs/pyth-price-store/src/processor/submit_prices.rs
@@ -9,7 +9,7 @@ use {
         validate::{
             validate_buffer,
             validate_publisher,
-            validate_publisher_config,
+            validate_publisher_config_for_access,
         },
     },
     solana_program::{
@@ -39,17 +39,22 @@ pub fn submit_prices(
 ) -> ProgramResult {
     let mut accounts = accounts.iter();
     let publisher = validate_publisher(accounts.next())?;
-    let publisher_config = validate_publisher_config(
+    let publisher_config = validate_publisher_config_for_access(
         accounts.next(),
         args.publisher_config_bump,
         publisher.key,
         program_id,
-        false,
     )?;
     let buffer = validate_buffer(accounts.next(), program_id)?;
 
     let publisher_config_data = publisher_config.data.borrow();
     let publisher_config = publisher_config::read(*publisher_config_data)?;
+    // Required to ensure that `find_program_address` returned the same account as
+    // `create_program_address` in `initialize_publisher`.
+    ensure!(
+        ProgramError::InvalidArgument,
+        sol_memcmp(&publisher.key.to_bytes(), &publisher_config.publisher, 32) == 0
+    );
     ensure!(
         ProgramError::InvalidArgument,
         sol_memcmp(&buffer.key.to_bytes(), &publisher_config.buffer_account, 32) == 0
diff --git a/target_chains/solana/programs/pyth-price-store/src/validate.rs b/target_chains/solana/programs/pyth-price-store/src/validate.rs
index 613c939b6e..74e6682a13 100644
--- a/target_chains/solana/programs/pyth-price-store/src/validate.rs
+++ b/target_chains/solana/programs/pyth-price-store/src/validate.rs
@@ -57,8 +57,9 @@ pub fn validate_config<'a, 'b>(
     require_writable: bool,
 ) -> Result<&'b AccountInfo<'a>, ProgramError> {
     let config = account.ok_or(ProgramError::NotEnoughAccountKeys)?;
-    let config_pda = Pubkey::create_program_address(&[CONFIG_SEED.as_bytes(), &[bump]], program_id)
-        .map_err(|_| ProgramError::InvalidInstructionData)?;
+    let (config_pda, expected_bump) =
+        Pubkey::find_program_address(&[CONFIG_SEED.as_bytes()], program_id);
+    ensure!(ProgramError::InvalidInstructionData, bump == expected_bump);
     ensure!(
         ProgramError::InvalidArgument,
         pubkey_eq(config.key, &config_pda)
@@ -85,14 +86,17 @@ pub fn validate_authority<'a, 'b>(
     Ok(authority)
 }
 
-pub fn validate_publisher_config<'a, 'b>(
+pub fn validate_publisher_config_for_access<'a, 'b>(
     account: Option<&'b AccountInfo<'a>>,
     bump: u8,
     publisher: &Pubkey,
     program_id: &Pubkey,
-    require_writable: bool,
 ) -> Result<&'b AccountInfo<'a>, ProgramError> {
     let publisher_config = account.ok_or(ProgramError::NotEnoughAccountKeys)?;
+    // We use `create_program_address` to make the `submit_prices` instruction cheaper.
+    // `find_program_address` is used in `initialize_publisher`, so we'll always have
+    // only one publisher config per publisher. As long as we check the publisher key
+    // stored in the account in `submit_prices`, it should be safe.
     let publisher_config_pda = Pubkey::create_program_address(
         &[
             PUBLISHER_CONFIG_SEED.as_bytes(),
@@ -102,9 +106,28 @@ pub fn validate_publisher_config<'a, 'b>(
         program_id,
     )
     .map_err(|_| ProgramError::InvalidInstructionData)?;
-    if require_writable {
-        ensure!(ProgramError::InvalidArgument, publisher_config.is_writable);
-    }
+    ensure!(
+        ProgramError::MissingRequiredSignature,
+        pubkey_eq(publisher_config.key, &publisher_config_pda)
+    );
+    Ok(publisher_config)
+}
+
+pub fn validate_publisher_config_for_init<'a, 'b>(
+    account: Option<&'b AccountInfo<'a>>,
+    bump: u8,
+    publisher: &Pubkey,
+    program_id: &Pubkey,
+) -> Result<&'b AccountInfo<'a>, ProgramError> {
+    let publisher_config = account.ok_or(ProgramError::NotEnoughAccountKeys)?;
+    // We use `find_program_address` to guarantee that only one publisher_config
+    // is created per publisher.
+    let (publisher_config_pda, expected_bump) = Pubkey::find_program_address(
+        &[PUBLISHER_CONFIG_SEED.as_bytes(), &publisher.to_bytes()],
+        program_id,
+    );
+    ensure!(ProgramError::InvalidInstructionData, bump == expected_bump);
+    ensure!(ProgramError::InvalidArgument, publisher_config.is_writable);
     ensure!(
         ProgramError::MissingRequiredSignature,
         pubkey_eq(publisher_config.key, &publisher_config_pda)