I have 3 1TB WD Blacks that reach 300 mb/s, when I was shopping for my drives, similar SSDs were either crazy expensive (10 times are much for example) or they were tiny, or the ones with "use-able" size and reasonable price, were SLOWER than the WD Blacks in sequential writes and reads (they were still faster in random access, for obvious physics reasons).

To be honest I am perfectly happy with my WD Blacks and never felt the need to switch to SSD, usually my speed bottlenecks are somewhere else (often network speed! it is surprinsingly hard to find good network hardware, all I find is random cables, adapters and routers, that shops don't even know what their speed limits are, asking if a cable supports gigabit ethernet just get me confused looks)

EDIT: This post score is fluctuating, suggesting to me people are sometimes downvoting it. I wonder why... I mean, I posted some anedacta, but why the downvote? There is not even anything to disagree with on my post, unless I wrote something very wrong, but nobody replied to say what is wrong...

The WD SN850 NVMe flash drive does 7000mb/s reads. (Close to maxing out a PCIe 4.0 4x slot) That's 23 times faster than the hard drive speed you quoted. SATA SSDs have been obsolete for a decade now.

Edit: Just checked some prices on Newegg. Looks like the XPG GAMMIX S50 goes for $139, and does 3900 MB/s reads, while SAMSUNG 860 Pro does 560 MB/s reads... and costs $179.

It is unfortunate that the invisible hand does not seem to care about drive speeds. Absent price signals, online retailers do not do a terribly good job signposting the enormous gulf in performance between SATA and PCIe. Newegg lists 999+ 2.5" SATA SSDs, and there is no reason at all to buy any of them when building a new computer.

Also some workloads perform poorly on SSDs (due to their limited read/write cycles). But mostly dollars per terabyte.