diff --git a/CHANGELOG.md b/CHANGELOG.md
index 74d8a9a804..7b41f921fe 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -176,7 +176,8 @@ Ref: https://keepachangelog.com/en/1.0.0/
 
 ### Bug Fixes
 
-* [\#10844](https://github.com/cosmos/cosmos-sdk/pull/10844) Automatic recovering non-consistent keyring storage during public key import
+* (store) [\#11177](https://github.com/cosmos/cosmos-sdk/pull/11177) Update the prune `nothing` strategy to store the last two heights.
+* [\#10844](https://github.com/cosmos/cosmos-sdk/pull/10844) Automatic recovering non-consistent keyring storage during public key import.
 * (store) [\#11117](https://github.com/cosmos/cosmos-sdk/pull/11117) Fix data race in store trace component
 * (cli) [\#11065](https://github.com/cosmos/cosmos-sdk/pull/11065) Ensure the `tendermint-validator-set` query command respects the `-o` output flag.
 * (grpc) [\#10985](https://github.com/cosmos/cosmos-sdk/pull/10992) The `/cosmos/tx/v1beta1/txs/{hash}` endpoint returns a 404 when a tx does not exist.
diff --git a/server/config/config.go b/server/config/config.go
index 2c16c57baf..64262c37ac 100644
--- a/server/config/config.go
+++ b/server/config/config.go
@@ -318,6 +318,11 @@ func (c Config) ValidateBasic() error {
 	if c.BaseConfig.MinGasPrices == "" {
 		return sdkerrors.ErrAppConfig.Wrap("set min gas price in app.toml or flag or env variable")
 	}
+	if c.Pruning == storetypes.PruningOptionEverything && c.StateSync.SnapshotInterval > 0 {
+		return sdkerrors.ErrAppConfig.Wrapf(
+			"cannot enable state sync snapshots with '%s' pruning setting", storetypes.PruningOptionEverything,
+		)
+	}
 
 	return nil
 }
diff --git a/server/config/toml.go b/server/config/toml.go
index 1da82593ce..f0f4ce5c88 100644
--- a/server/config/toml.go
+++ b/server/config/toml.go
@@ -24,7 +24,7 @@ minimum-gas-prices = "{{ .BaseConfig.MinGasPrices }}"
 
 # default: the last 362880 states are kept, pruning at 10 block intervals
 # nothing: all historic states will be saved, nothing will be deleted (i.e. archiving node)
-# everything: all saved states will be deleted, storing only the current state; pruning at 10 block intervals
+# everything: all saved states will be deleted, storing only the current and previous state; pruning at 10 block intervals
 # custom: allow pruning options to be manually specified through 'pruning-keep-recent' and 'pruning-interval'
 pruning = "{{ .BaseConfig.Pruning }}"
 
diff --git a/server/start.go b/server/start.go
index 45d7c920ea..e63ae27326 100644
--- a/server/start.go
+++ b/server/start.go
@@ -83,7 +83,7 @@ For '--pruning' the options are as follows:
 
 default: the last 362880 states are kept, pruning at 10 block intervals
 nothing: all historic states will be saved, nothing will be deleted (i.e. archiving node)
-everything: all saved states will be deleted, storing only the current state; pruning at 10 block intervals
+everything: all saved states will be deleted, storing only the current and previous state; pruning at 10 block intervals
 custom: allow pruning options to be manually specified through 'pruning-keep-recent' and 'pruning-interval'
 
 Node halting configurations exist in the form of two flags: '--halt-height' and '--halt-time'. During
diff --git a/store/rootmulti/store.go b/store/rootmulti/store.go
index bd73c2fb77..5a64903cd5 100644
--- a/store/rootmulti/store.go
+++ b/store/rootmulti/store.go
@@ -410,6 +410,7 @@ func (rs *Store) Commit() types.CommitID {
 		previousHeight = rs.lastCommitInfo.GetVersion()
 		version = previousHeight + 1
 	}
+
 	rs.lastCommitInfo = commitStores(version, rs.stores, rs.removalMap)
 
 	// remove remnants of removed stores
@@ -426,7 +427,7 @@ func (rs *Store) Commit() types.CommitID {
 
 	// Determine if pruneHeight height needs to be added to the list of heights to
 	// be pruned, where pruneHeight = (commitHeight - 1) - KeepRecent.
-	if int64(rs.pruningOpts.KeepRecent) < previousHeight {
+	if rs.pruningOpts.Interval > 0 && int64(rs.pruningOpts.KeepRecent) < previousHeight {
 		pruneHeight := previousHeight - int64(rs.pruningOpts.KeepRecent)
 		rs.pruneHeights = append(rs.pruneHeights, pruneHeight)
 	}
diff --git a/store/types/pruning.go b/store/types/pruning.go
index 774f806fe1..3dd05b02bd 100644
--- a/store/types/pruning.go
+++ b/store/types/pruning.go
@@ -21,9 +21,9 @@ var (
 	PruneDefault = NewPruningOptions(362880, 10)
 
 	// PruneEverything defines a pruning strategy where all committed heights are
-	// deleted, storing only the current height and where to-be pruned heights are
-	// pruned at every 10th height.
-	PruneEverything = NewPruningOptions(0, 10)
+	// deleted, storing only the current and previous height and where to-be pruned
+	// heights are pruned at every 10th height.
+	PruneEverything = NewPruningOptions(2, 10)
 
 	// PruneNothing defines a pruning strategy where all heights are kept on disk.
 	PruneNothing = NewPruningOptions(0, 0)
diff --git a/store/v2/multi/store_test.go b/store/v2/multi/store_test.go
index fdf9202f0f..cc45eb9daf 100644
--- a/store/v2/multi/store_test.go
+++ b/store/v2/multi/store_test.go
@@ -400,7 +400,7 @@ func TestPruning(t *testing.T) {
 	}{
 		{types.PruningOptions{2, 10}, []uint64{8, 9, 10}},
 		{types.PruningOptions{0, 10}, []uint64{10}},
-		{types.PruneEverything, []uint64{10}},
+		{types.PruneEverything, []uint64{8, 9, 10}},
 		{types.PruneNothing, []uint64{1, 2, 3, 4, 5, 6, 7, 8, 9, 10}},
 	}