Rival AXS 12 speed goes through a continuous connect disconnect cycle every minute or so while riding. I have a screen set to display gear position, Battery levels and time of activity. All disconnect and reconnect at the same time. Edge is on software ver 24.19. SRAM derailleur and levers are on the currently available firmware. SRAM AXS Android app is ver 2.24.0
Update: The AXS rear derailleur is powered by the TQ eBike system. The issue seems to be instability of the provided power. If bike supplied power is removed and it is replaced with an AXS derailleur battery everything works as expected. It is a problem for Trek/TQ to resolve. It isn't easy to measure the supplied voltage to the derailleur which communicates with the Edge.