I’ve had many similar issues with Wayland. Not thrilled that nearly everyone is throwing in the towel on X11 support.

Nvidia historically didn’t invest in Linux drivers.

Things have gotten a bit better, but there are still plenty of issues with Wayland compatibility specifically.

Install the proprietary driver and it will work, but under Wayland you may have issues with resuming from sleep, stacked transparency, fractional resolution scaling, and HDR compatibility.