I'm an Arch guy, but for the M1 I am using the official Asahi Linux distro which is based on Fedora. Documentation and information about compatibility can be found on their site: https://asahilinux.org/

I previously used the Arch based Asahi distro when it was official, but Arch on ARM is a 3rd party project and it was not very well maintained and lacked some packages, so they switched. Fedora could also be considered more stable and better supported. But there are Ubuntu, Debian versions for Asahi if you prefer those.