maybe it has 2 reason :

your version react native is lower 73, because your sdk upper then 23 you must update react native upper 73.3

OR

you install arm-v7 on arm-v8 phone(or inverse... something like that), you must install "universal Apk" that it install any phone

you can low size "universal apk" with Proguard or use this

ndk { abiFilters "armeabi-v7a", "arm64-v8a" /, "x86", "x86_64"/ }