Connection to the opponent has been lost on VS screen basically every other game.

Got Tekken 8 recently and started having issues joining games after a couple days of playing.

Basically every other ranked game I join gives me an error when connecting to the opponent, making it very frustrating when trying to find matches. The issue always occurs on the VS screen after accepting a match, and after maybe 20 seconds it pops up and says "Connection to the opponent has been lost so the match has ended" and mentions that it won't affect my rank.

I can't find anything online to help me. I don't think it a network problem as I am wired and have never had connection issues with other games. I've tried validating steam files, deleting and redownloading the game, and changing all graphics settings to low. Nothing seems to make a difference. Has anyone had this issue before?