Definitely this, GaN chargers from Ugreen, Belkin, Morphie, Anker etc are generally better than the equivalent Apple charger because they use Gallium Nitride technology. Smaller, more ports, better build quality and cleaner, more efficient charging than the older Silicon chargers Apple currently offer.
At the moment Apple have only upgraded their 70 and 140 watt chargers to GaN tech, they need to do the same to all their chargers especially the 35 watt dual port charger.
That said, GaN bricks only mean the *BRICK* is cooler at those higher charge rates. The quality of the brick is irrelevant to the iPad itself. If the iPad is receiving 65W, it will charge at 65W, and have to dissipate some of that extra energy as heat. At 20W, less of it gets turned to heat.
Heat generated in the device is related to the amperage of the power coming in. Total watts are equal to voltage times amperage.
The USB Power Delivery spec has a few specific voltages that can be offered. The voltages vary based on the total power draw (Watts) requested. From old-fashioned 5 Volts, 1 Amp the same as the old USB-A iPhone bricks all the way up to 20 Volts for basically anything above 45 Watts (all the way to 200 Watts - or 10 Amps at 20 Volts.)
This means that a 20W brick is (based on USB-PD) providing 9 Volts at 2.22 Amps; while a 65W brick is providing 20 Volts at 3.25 Amps.
3.25 Amps is higher than 2.22 Amps, so a system drawing 3.25 Amps will generate more waste heat than a system drawing 2.22 Amps.
Then add in that charging a Lithium Ion cell at higher power rates tends to also be less efficient, generating more waste heat separate from the raw Amperage issue. (Specifically, the higher the "C rate" of charging, the more waste heat is generated. The M2 12" iPad has an ~40 Watt-hour battery pack, charging at higher than 40 Watts will generate quite a bit more waste heat.)
Hence why the iPad gets hotter charging at 65W than 20W.
(Note that this also means that if you want to charge your iPad more *efficiently*, you would want to charge it at a middle-rate, something where it is using a higher voltage, but a lower amperage. 15W or 27W are the two that are on the "minimum amperage at a new voltage tier" of USB-PD spec.)