I don’t know of any setting on quest that would do what Sleepy says: The only similar setting affects Tracking* frequency and is affected by the outlet Hz as per regional standardization, between US and EU outlets. This wouldn’t lag the software on your pc if it were just charging, nor would it affect your display resolution in any way.
When you say you’re sure it can’t* be the cable: Are you ABSOLUTELY sure?
For one: Are you plugged into the PC to charge, or a standalone wall outlet?
If you’re trying to charge from the PC, ALVR is probably trying to send hardline data to the headset while you think you’re connecting wirelessly.
Even if you’re using a standalone wall adapter, your cable or headset may be malfunctioning: There are numerous known issues when it comes to the Quest 2 and 3’s charging ports; everything from them failing to deliver adequate power to literally delivering so much power that they catch on fire and fry the entire arm of the headset (You can find dozens and dozens of unique photos of this all over online.)
Even on my quest 3, the included cable is showing noticeable yellowing from what I can only assume to be short circuits and minor sparks inside of both ends of the plugs, right where they bend downward from their own weight when plugging in and dangling.
Have you tried multiple different cables of different types? Different outlet adapters and plugs?
Finally: Are you SURE it only affects VRC, and no other games or software (including non-vr software when running in remote display.)
My guess is this is almost 100% a cable issue, caused by mediocre quest cableage and charge port design, and the reason it only just started happening is because your cable only just decided enough is enough. If your quest is constantly thinking it’s being plugged and unplugged over and over again, this will immediately and directly affect ALVR if you’re plugged into the pc and ALVR is trying to rapidly switch between hardwire and wireless display modes.
I recommend getting a watt meter tester and using only wall power, test you’re getting proper QC delivery (12-24w depending on your charger) and see if the problem persists.
In short: I highly doubt this is somehow a VRC bug.