Address bar text overlay is broken on older devices

Steps to reproduce:

Expected behavior:
Properly disappearing text overlay

Orion, OS version; hardware type:
App version: 1.0.3.112-beta
System version: 14.8.1
Device type: iPhone 7

Image/Video:

I have the same issue. For now, I find that holding the address bar allows for the text to display properly.

Triduelist It only applies if the text is overflowing though.

This should be fixed, correct?