These sneakers have exploded on the resale market and each grown in value by more than 2,000%

• The sneaker resale market is booming. Cowen & Co. estimates suggest it could be worth $6 billion globally by 2025.
• Sneakers become more valuable over time. The Nike SB What The Dunk cost $120 when it was released and is now worth $5,000 - an appreciation of 4,067%.
• Here are the 10 sneakers that have appreciated the most in value over time, according to Farfetch and Stadium Goods.
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For sneakers, sometimes older is better.

Miles Nadal, a car and shoe collector, recently spent over $1.2 million on 100 pairs of the world's rarest sneakers at a Sotheby's auction run in partnership with Stadium Goods.

"I believe that sneakers are where automobiles were 20 years ago," Nadal told Business Insider, referring to his belief that they will ultimately appreciate in value.

Read more: Here are the most expensive Air Jordans to sell on StockX and Stadium Goods, where rare pairs have gone for as much as $20,000

Sneakers are definitely in their heyday. Sneaker resale marketplaces like StockX and Stadium Goods have sold some pairs for as much as $20,000. However, most sneakers don't start out with such lofty prices.

The Nike SB What The Dunk was $120 at the time of its release. Now worth $5,000, these sneakers have appreciated in value more than any sneaker, growing at a rate of 4,067%.

Online retailer Farfetch and Stadium Goods shared the 10 sneakers that have had the greatest value appreciation on the resale market. Here are the top contenders: