The libraries which are using WebView to wrap latex-rendering-js-library (e.g., this, this and this), are not working well with the RecyclerView and will make the app slow. And they are not even updating the js libraries.
Finally, I found "noties/jlatexmath-android", which is using "opencollab/jlatexmath" native Java library. It is fast and can be easily used with RecyclerView.
Sample usage of JLatexMathView:
implementation "ru.noties:jlatexmath-android:$jlatexmath_version"
// for Cyrillic symbols
implementation "ru.noties:jlatexmath-android-font-cyrillic:$jlatexmath_version"
// for Greek symbols
implementation "ru.noties:jlatexmath-android-font-greek:$jlatexmath_version"
<ru.noties.jlatexmath.JLatexMathView
    android:id="@+id/j_latex_math_view"
    android:layout_width="match_parent"
    android:layout_height="wrap_content"
    android:padding="16dip"
    android:background="@color/white"
    app:jlmv_alignVertical="center"
    app:jlmv_alignHorizontal="center"
    app:jlmv_textSize="16sp" />
val latexText = "\$\$f(x)=(x+a)(x+b)\$\$"
binding.jLatexMathView.setLatex(latexText)
You can also use it as an extension of "noties/Markwon", a Markdown library for Android. Details can be found here.
Sample Usage of Markwon:
implementation "io.noties.markwon:core:$markwon_version"
implementation "io.noties.markwon:ext-latex:$markwon_version"
implementation "io.noties.markwon:inline-parser:$markwon_version"
<TextView
    android:id="@+id/tv_markdown"
    android:layout_width="match_parent"
    android:layout_height="wrap_content" />
val markwon = Markwon.builder(requireContext())
    .usePlugin(MarkwonInlineParserPlugin.create())
    .usePlugin(JLatexMathPlugin.create(binding.tvMarkdown.textSize) { builder ->
        // ENABLE inlines
        builder.inlinesEnabled(true)
    })
    .build()
val latexText = "Example: \$\$f(x)=(x+a)(x+b)\$\$"
markwon.setMarkdown(binding.tvMarkdown, latexText)