Premiere pro 2025 v25 Lagging when performing undo and redo

When I delete a clip and then undo, the undo takes like 2 seconds and often gives the spinning loading animation for the cursor on my mac. With each undo and redo, it seems like it takes increasing amounts of processing time.

It's almost like the app isn't caching the edit history and it's constantly writing it to a file on disk or something because I don't know what would have it be so laggy.

I tried rebooting the program several times without any use. Also, it's especially slow when using the text editor workspace, as I can't even highlight the text and ripple delete. It will only let me delete with a slight lag, leaving empty space in my timeline.

My maching is 16inch MacBook M1 Max with 32gb RAM and the application is only using up like 8 GB of RAM so it's not a memory problem.