All Wyze products are only compatible with 2.4 GHz networks at this time. 2.4 GHz has further range and the (Wyze) devices don’t need the speed. There’s hardware limitations, so I’m not sure how likely it is that Wyze will change this (it’s also marked as “maybe later”).
Hers a Wishlist them for the support of the 5 GHz WiFi band on Wyze cameras:
(Speed and range based on my experience)