Cat 5e cables are designed to support frequencies of up to 100 MHz and provide enhanced performance for 1 Gbps networks, but they are not rated to handle 10 Gbps speeds over distances up to 55 meters. For 10 Gbps speeds at lengths up to 55 meters, Cat 6a or Cat 7 cabling is required. Therefore, a Cat 5e cable cannot support 10 Gbps data transfer speeds at that distance, making the statement incorrect.