Since the release of 1.19.7, Realms purchases on PlayStation have been failing for many users. We have an update rolling out today that should resolve this! - jhp

Recently updated to 1.19.72 on bedrock for ps4/ps5 and can no longer access Realms. The message, "All Realms have been updated. Please update your game to continue playing." now appears. please address this as soon as possible please.

Let's have our Realms team take a look! To keep your information secure, please complete our request form at aka.ms/Minecraft-Support so we can quickly and safely assist with your question! ^BT

I do not know about everyone else's status but I was just able to reconnect back to the Realm. Thanks for always being on top of things!