1. Understanding the Claude model family in 2026
Anthropic currently ships three active model tiers: Haiku (fastest, cheapest), Sonnet (mid-tier, best value), and Opus (most capable, most expensive). The numbering has moved on from the 3.x generation — Claude Opus 4 and Claude Sonnet 4.6 are the current production models — but the tier logic is identical to what developers evaluated when comparing Claude 3.7 Sonnet vs Claude Opus 3 or Claude Opus 3.5.
Claude 3.7 Sonnet occupies a notable place in this history. Released in February 2025, it was the first model in any family to ship a hybrid reasoning mode ('extended thinking') below the Opus price point. That made the cost-vs-capability tradeoff suddenly interesting at the Sonnet tier rather than only at the frontier. The current Sonnet 4.6 carries this forward — it supports extended thinking, handles 200K context windows, and benchmarks within 5-10% of Opus 4 on most coding and analysis tasks at one-fifth the price.
The price table above lists Claude 3.7 Sonnet at the same rates as Sonnet 4.6 because Anthropic unified Sonnet-tier pricing when they launched the 4.x series. If you have existing code calling `claude-3-7-sonnet-20250219`, you're already on the same price structure. The model alias changed; the billing math didn't.