Module was compiled with an incompatible version of Kotlin. The binary version of its metadata is 1.8.0, expected version is 1.6.0.Android ReactNative

I am getting this error while trying to build a debug/release apk foe my project.

.gradle/caches/8.9/generated-gradle-jars/gradle-api-8.9.jar!/META-INF/bean-serialization-services.kotlin_module: Module was compiled with an incompatible version of Kotlin. The binary version of its metadata is 1.8.0, expected version is 1.6.0.

build.gradle

    ext { 
        // kotlinVersion = "2.1.0"
        kotlin_version = '2.1.0'
        buildToolsVersion = "34.0.0"
        minSdkVersion = 21
        compileSdkVersion = 34
        targetSdkVersion = 34
        ndkVersion = "23.1.7779620"
    }
    repositories {
        google()
        mavenCentral()
        jcenter()
        maven {  url "https://maven.google.com"  }
    }
    dependencies {
        classpath('com.android.tools.build:gradle:8.7.3')
        classpath("com.facebook.react:react-native-gradle-plugin")
        classpath "org.jetbrains.kotlin:kotlin-gradle-plugin:$kotlin_version"
    }
}

plugins {
    id 'org.jetbrains.kotlin.jvm'
}
repositories {
    mavenCentral()
}
dependencies {
    implementation "org.jetbrains.kotlin:kotlin-stdlib"
}

subprojects {project ->
    if (project.name.contains('react-native-fetch-blob')) {
        buildscript {
            repositories {
                google()
                maven { url "https://dl.bintray.com/android/android-tools/"  }
                mavenLocal()
                jcenter()                
            }    
        }
    }
}

gradle-wrapper.properties

distributionBase=GRADLE_USER_HOME
distributionPath=wrapper/dists
distributionUrl=https\://services.gradle.org/distributions/gradle-8.9-bin.zip
zipStoreBase=GRADLE_USER_HOME
zipStorePath=wrapper/dists

app/build.gradlew

android {
    ndkVersion rootProject.ext.ndkVersion

    compileSdkVersion rootProject.ext.compileSdkVersion

    packagingOptions {
        pickFirst 'lib/x86/libc++_shared.so'
        pickFirst 'lib/x86_64/libc++_shared.so'
        pickFirst 'lib/armeabi-v7a/libc++_shared.so'
        pickFirst 'lib/arm64-v8a/libc++_shared.so'
    }
    // dexOptions {
    //     incremental true
    //     javaMaxHeapSize "4g"
    //     }


    namespace "com.tcp_socket_app_test"

    defaultConfig {
        applicationId "com.tcp_socket_app_test"
        minSdkVersion rootProject.ext.minSdkVersion
        targetSdkVersion rootProject.ext.targetSdkVersion
        versionCode 1
        versionName "1.0"
    }
    splits {
        abi {
            reset()
            enable enableSeparateBuildPerCPUArchitecture
            universalApk false  // If true, also generate a universal APK
            include (*reactNativeArchitectures())
        }
    }
    signingConfigs {
        debug {
            storeFile file('debug.keystore')
            storePassword 'android'
            keyAlias 'androiddebugkey'
            keyPassword 'android'
        }
    }
    buildTypes {
        debug {
            signingConfig signingConfigs.debug
        }
        release {
            // Caution! In production, you need to generate your own keystore file.
            // see https://reactnative.dev/docs/signed-apk-android.
            signingConfig signingConfigs.debug
            minifyEnabled enableProguardInReleaseBuilds
            proguardFiles getDefaultProguardFile("proguard-android.txt"), "proguard-rules.pro"
        }
    }

    // applicationVariants are e.g. debug, release
    applicationVariants.all { variant ->
        variant.outputs.each { output ->
            // For each separate APK per architecture, set a unique version code as described here:
            // https://developer.android.com/studio/build/configure-apk-splits.html
            // Example: versionCode 1 will generate 1001 for armeabi-v7a, 1002 for x86, etc.
            def versionCodes = ["armeabi-v7a": 1, "x86": 2, "arm64-v8a": 3, "x86_64": 4]
            def abi = output.getFilter(OutputFile.ABI)
            if (abi != null) {  // null for the universal-debug, universal-release variants
                output.versionCodeOverride =
                        defaultConfig.versionCode * 1000 + versionCodes.get(abi)
            }

        }
    }
}

dependencies {
    implementation fileTree(dir: "libs", include: ["*.jar"])
    //noinspection GradleDynamicVersion
    implementation "com.facebook.react:react-native:+"  // From node_modules

    implementation("androidx.swiperefreshlayout:swiperefreshlayout:1.0.0")
    
    implementation 'androidx.work:work-runtime-ktx:2.7.1'

    debugImplementation("com.facebook.flipper:flipper:${FLIPPER_VERSION}") {
      exclude group:'com.facebook.fbjni'
    }

    debugImplementation("com.facebook.flipper:flipper-network-plugin:${FLIPPER_VERSION}") {
        exclude group:'com.facebook.flipper'
        exclude group:'com.squareup.okhttp3', module:'okhttp'
    }

    debugImplementation("com.facebook.flipper:flipper-fresco-plugin:${FLIPPER_VERSION}") {
        exclude group:'com.facebook.flipper'
    }

    if (hermesEnabled.toBoolean()) {
        implementation("com.facebook.react:hermes-android")
    } else {
        implementation jscFlavor
    }
}

Tried many solutions including deleteing .gradle/caches and rebuilding. Nothing works.

*** Important Note *** It start to fail when i try to bump my gradle version from 7.5 to 8.5