Unable to resolve module 'module://#babel/runtime/helpers/interopRequireDefault.js' - EXPO SNACK - react-native

Question

I am getting the error 'Unable to resolve module 'module://#babel/runtime/helpers/interopRequireDefault.js' when I try to run the following code in Expo Snack
Below is my code for HomeScreen.js
import { StyleSheet, Text, View, FlatList } from "react-native";
import axios from "axios";
import { useState, useEffect } from "react";
export default function HomeScreen() {
const [cycles, setCycles] = useState([]);
useEffect(() => {
const fetchData = async () => {
try {
const { data: response } = await axios.get(
"URL"
);
setCycles(response);
} catch (error) {
console.error(error.message);
}
};
fetchData();
}, []);
return (
<View style={styles.container}>
{/* <Text> {JSON.stringify(cycles[0])} </Text> */}
<FlatList
data={cycles}
renderItem={(
{ item } //this part will iterate over every item in the array and return a listItem
) => (
<Text>
{new Date(item.startDate).toLocaleDateString("us-EN")} -{" "}
{new Date(item.endDate).toLocaleDateString("us-EN")}{" "}
</Text>
)}
/>
<Text>Hello</Text>
</View>
);
}
And below is App.js
import { StyleSheet, Text, View, FlatList } from "react-native";
import axios from "axios";
import { useState, useEffect } from "react";
import HomeScreen from "./screens/HomeScreen";
import { NavigationContainer } from "#react-navigation/native";
import { createNativeStackNavigator } from "#react-navigation/stack";
const Stack = createNativeStackNavigator();
export default function App() {
return (
<NavigationContainer>
<Stack.Navigator>
<Stack.Screen
name="Home"
component={HomeScreen}
options={{ title: "Welcome" }}
/>
</Stack.Navigator>
</NavigationContainer>
);
}
Package.json file
{
"dependencies": {
"react-native-paper": "4.9.2",
"#expo/vector-icons": "^13.0.0",
"expo-constants": "~13.2.4",
"axios": "*",
"#react-navigation/stack": "*",
"#react-navigation/native": "6.0.0",
"react-native-gesture-handler": "~2.5.0",
"react-native-safe-area-context": "4.3.1",
"react-native-screens": "~3.15.0"
}
}
From one of the questions I found Unable to resolve module `#babel/runtime/helpers/interopRequireDefault`, I tried adding babel and it has not worked.(ie it throws another error as below)
Thanks for any help!

Answer 1

Downgrade axios to 0.27.2 to align with Expo built-in #babel/runtime version.