So, that's my solution and I foresee it might be useful for others facing similar issues on Mac. I recently switched from Linux and everything seems to be so buggy here ;)

I have experimented with different versions of this gem for some time and found out that the next patch version works just fine for me. So, as a temporary solution, cause updating the whole project's dependencies would be a huge step, I did the following:

# Checking the current gem installation path
bundle show grpc
<myhomedir>/.asdf/installs/ruby/3.2.4/lib/ruby/gems/3.2.0/gems/grpc-1.74.0-arm64-darwin

# Installing the next patch version of the gem
gem install grpc --version=1.74.1 --platform=arm64-darwin

# Removing the old version
rm -rf <myhomedir>/.asdf/installs/ruby/3.2.4/lib/ruby/gems/3.2.0/gems/grpc-1.74.0-arm64-darwin

# Faking the new version to act like a previous version via a symlink
ln -s <myhomedir>/.asdf/installs/ruby/3.2.4/lib/ruby/gems/3.2.0/gems/grpc-1.74.1-arm64-darwin <myhomedir>/.asdf/installs/ruby/3.2.4/lib/ruby/gems/3.2.0/gems/grpc-1.74.0-arm64-darwin

It all started to work now.

Feel free to suggest your workarounds for the situations like that.