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It’s official, sneakers have overtaken handbags as the go-to status symbol.

Just a few years ago, women (and some men) shelled out thousands on luxury handbags. From Chanel to Alexander Wang, It bags were on the arms of every young actor and fashion icon. Now? They’re all wearing rare sneakers.

Sneakers have also replaced handbags as one of the most recognizable items a brand can release — we all know Balenciaga’s Speed Trainers and Gucci’s Ace sneakers, but only the hardcore fans can list the brand’s other accessories.

If you’re still not convinced, we’ve rounded up ten silhouettes that prove hype sneakers are officially the new status symbols. Browse them below.

Air Jordan 1

Nike x OFF-WHITE

$1950

Wave Runner 700

YEEZY

$500

Yeezy Boost 350 V2 Zebra

adidas

$384

Instapump Fury

Reebok x Vetements

$1150

Black High 3.0 Sneakers

Off-White™

$780

Sock Sneakers

Vetements x Reebok

$168

Air Max 1/97 VF SW

Nike x Sean Wotherspoon

$875

Rhyton

Gucci

$895