WWE 2K23 is available for both PS4 and PS5. In terms of the difference between the consoles, performance, and visuals is the main factor.
WWE 2K23 Release Date, Game Versions, Pre-Order Bonus
WWE 2K23 (PS5), PlayStation 5
WWE 2K23: PS5 VS PS4 Graphics, Gameplay, & Load Times Comparison
WWE 2K23 MyGM Mode Compared to SVR 2006-2008 & 2K22 (All Pros & Cons)
WWE 2K22 The Official Home of WWE 2K22
WWE 2K23 vs WWE 2K22 – 8 Differences You Need to Know About
WWE 2K23 Announced: Cover, Editions, Features & War Games
WWE 2K23 Review: Even Stronger Than Before (PS5) - KeenGamer
WWE 2K23 Review: Bigger, Better, Derived
NBA 2K23 - PS5 vs PS4 COMPARISON (Faces/Graphics/Gameplay)
The WWE Franchise on PlayStation