Market Dynamics

The demand for Smithing Stone 1 in Elden Ring surged initially due to its crucial role in early-game weapon upgrades. However, as players progressed, the supply of the stone increased, balancing the market. The result is a relatively stable price range, with fluctuations caused primarily by market volatility.

Economic Implications

Smithing Stone 1’s availability has a significant economic impact on the Elden Ring market. Its presence reduces the demand for more advanced upgrade materials, such as Smithing Stone 2 and 3, as players can often upgrade their weapons sufficiently with the lower-tier stone. This dynamic affects the pricing of these higher-level materials, creating a cascading effect on the entire upgrade economy.

Financial Implications

The price of Smithing Stone 1 has been relatively stable, hovering around 500 runes per unit. However, during peak demand periods, its price can spike, reaching as high as 1,000 runes per unit. This volatility provides opportunities for players with excess stones to profit by selling them on the in-game market.