I've also been having serious lag when managing tabs, but I only have 8-10 tabs open at a time generally. Any time I switch tabs, add a tab, close a tab, or move a tab to another tab group, there is about 1-3 seconds of delay between when I tap a button and when it acts.
I'm attaching a video to show, but it might be hard to tell when I'm tapping; just assume I'm moving as fast as your average power user. š Because Murphy's law, it's not behaving as slowly in the video as it typically is.
I'm on an iPhone 13 Mini running latest Orion from the App Store. I've disabled all my plugins/extensions to make sure those weren't the issue.