React native app failed to build while trying to bundle release

I created an app which worked perfectly on debug but when i run

./gradlew assembleRelease

the build failed to complete.

Below is the error I receive.

    at ModuleResolver.resolveDependency (C:UsersChifesDesktopappRoGoodsnode_modulesmetrosrcnode-hasteDependencyGraphModuleResolution.js:136:15)
    at DependencyGraph.resolveDependency (C:UsersChifesDesktopappRoGoodsnode_modulesmetrosrcnode-hasteDependencyGraph.js:231:43)
    at Object.resolve (C:UsersChifesDesktopappRoGoodsnode_modulesmetrosrclibtransformHelpers.js:129:24)
    at resolve (C:UsersChifesDesktopappRoGoodsnode_modulesmetrosrcDeltaBundlertraverseDependencies.js:396:33)
    at C:UsersChifesDesktopappRoGoodsnode_modulesmetrosrcDeltaBundlertraverseDependencies.js:412:26
    at Array.reduce (<anonymous>)
    at resolveDependencies (C:UsersChifesDesktopappRoGoodsnode_modulesmetrosrcDeltaBundlertraverseDependencies.js:411:33)
    at processModule (C:UsersChifesDesktopappRoGoodsnode_modulesmetrosrcDeltaBundlertraverseDependencies.js:140:31)
    at runMicrotasks (<anonymous>)
    at processTicksAndRejections (node:internal/process/task_queues:96:5)
info Run CLI with --verbose flag for more details.
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?[3A?[1m<?[0;32;1m=?[0;39;1m------------> 13% EXECUTING [2m 37s]?[m?[38D?[1B?[1m> :app:bundleReleaseJsAndAssets?[m?[31D?[1B> IDLE?[6D?[1B?[3A?[0K
?[31;1m> Task :app:bundleReleaseJsAndAssets?[0;39m?[31m FAILED?[39m
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?[3A?[1m<?[0;31;1m=?[0;39;1m------------> 13% EXECUTING [2m 37s]?[m?[38D?[1B> IDLE?[6D?[1B> IDLE?[6D?[1B?[3A?[0K
?[31mFAILURE: ?[39m?[31mBuild failed with an exception.?[39m
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* What went wrong:
Execution failed for task ':app:bundleReleaseJsAndAssets'.
?[33m> ?[39mProcess 'command 'cmd'' finished with non-zero exit value 1

* Try:
?[33m> ?[39mRun with ?[1m--stacktrace?[m option to get the stack trace.
?[33m> ?[39mRun with ?[1m--info?[m or ?[1m--debug?[m option to get more log output.
?[33m> ?[39mRun with ?[1m--scan?[m to get full insights.

* Get more help at ?[1mhttps://help.gradle.org?[m

Deprecated Gradle features were used in this build, making it incompatible with Gradle 8.0.

You can use '--warning-mode all' to show the individual deprecation warnings and determine if they come from your own scripts or plugins.

See https://docs.gradle.org/7.4.2/userguide/command_line_interface.html#sec:command_line_warnings

Execution optimizations have been disabled for 1 invalid unit(s) of work during this build to ensure correctness.
Please consult deprecation warnings for more details.

?[31;1mBUILD FAILED?[0;39m in 2m 41s
24 actionable tasks: 2 executed, 22 up-to-date
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?[3A?[1m<?[0;1m-------------> 0% WAITING?[m?[26D?[1B> IDLE?[6D?[1B> IDLE?[6D?[1B?[3A?[2K?[1B?[2K?[1B?[2K?[2A

The graddle drama has been there since I first installed the react native framework, and all solution to get it fixed has yielded nothing. However, like I said early, I’m able to get the app run on emulators; even on physical device, the debug apk worked perfectly.

Help is appreciated