React Native performance optimization can be effectively managed using various tools and techniques, with React Native SlowLog being a preferred choice for identifying slow operations. The built-in Performance Monitor provides insights into memory usage, view counts, and frame rates, essential for evaluating app performance, especially in production mode. For Android, systrace is recommended, while the Why-did-you-render tool is useful for tracking avoidable re-renders and React Hooks issues. Emphasizing immutability is crucial to prevent unnecessary re-renders, with middleware like redux-immutable-state-invariant helping track mutations in development. Pure components and the useMemo hook can enhance performance by avoiding redundant updates, though they should be applied judiciously to avoid premature optimization. For managing deeply nested structures, libraries like Moize and Immer offer solutions to maintain immutability and improve performance. LogRocket provides additional support by monitoring React Native apps to identify technical and usability issues, thereby enhancing user interaction and conversion rates.