Severe performance issues while playing POE 2

Hi GGG
Wanted to inform you about severe performance issues that I have been encountering while playing Path of Exile 2 on steam or on the native client.

Long loading screen issue on launching the game.
-Particularly when I try loading into encampment areas. Load time will exceed 5-6 mins before I get into the game.
-Loading into the hideout does not take this long, it is under a min. However easily over 20-30 secs.

Severe FPS drops during certain gameplay scenarios when there are too many mobs/effects taking place on screen.
-Avg FPS is not high to begin ..seeing an avg of 45 FPS even with medium to low settings.
-It drops to about 10-15 FPS when there more going on. More mobs or effects.

Keep getting disconnected when moving to new zones with Error 'Failed to connect to instance'

Here are my pc specs:
CPU -> Ryzen 5 3500 6 cores and 6 threads 3.6 GHz base clock and 4.1 GHz boost clock
(Will be upgarding to Ryzen 7 5800X or 5800 XT ,8 Cores, 16 Threads Clock Speeds: Base clock of 3.8 GHz and a boost clock of up to 4.8 GHz)
GPU -> RTX 3060 (MSI Ventus). Graphics drivers are updated.
RAM -> 16 GB DDR4 3200 Mhz (Lost one card so now operating at 8GB with single memory stick. Will be upgrading to 32 GB soon )
Game is running on 1TB SSD Samsung EVO.
1080P monitor.
Connected over 100MBPS wifi speed.

Here is a screenshot of resource usage when I get disconnected. https://ibb.co/FLShKdyL. It appears that I encountering a CPU bottleneck. Could this be a cause of some or all the issues I am encountering? Would upgarding to a Ryzen 7 5800X help? And 32 gigs of RAM?

Here are screenshots of in game graphics settings.
https://ibb.co/BHy4yQKg
https://ibb.co/vxVtf8sY
https://ibb.co/ksSwkn6K

Steam Setting: https://ibb.co/vxwc3pW8

I was hoping if you could provide some advise on what I can do to help resolve or alliviate the problems I am encountering while playing the game. This would be greatly appreciated.

Thanks,
Grind_87