MySQL 5.7 is reaching its End of Life in October 2023, prompting WordPress developers to upgrade to MySQL 8.0, which offers enhanced security with a more secure default authentication plugin, improved performance through optimized queries and caching, and new features such as JSON functions, window functions, and common table expressions. However, upgrading requires attention to potential configuration conflicts, obsolete data types, changes in partitioning support, reserved keywords, and character set defaults to ensure compatibility and smooth transition.
https://deliciousbrains.com/mysql-57-eol-means-for-developers/

