i was using Asahi on my M1 laptop, it was great, but have since switched to UTM.app (from the app store, but available outside it too), and configured to use Apple Silicon Hypervisor rather than QEMU, and it's been excellent, on M2 series processors at least. UTM warns its wrapping of the Apple Silicon hypervisor is not perfectly tested, but it's perfectly great.

(When configuring a new hypervisor-ed OS, i use a Fedora ISO for arm64 (or aarch64 (?)) and in the UTM.app gui choose Linux, which reveals the option to use native Apple Silicon hypervisor over QEMU.)

just my $0.02