Both have eSIM and 64 GB. The Ultra2 costs almost twice as much - for the battery, titanium and protection.

Short answer

Galaxy Watch Ultra2 - Snapdragon Wear Elite, 1.52", 800 mAh, 10 ATM and IP69K. Galaxy Watch8 Classic LTE - steel, a classic look and much cheaper.

Key differences

SpecSamsung Galaxy Watch8 Classic 46mm LTESamsung Galaxy Watch Ultra2 47mm LTE
Display1.34", Super AMOLED, 438×4381.52", Super AMOLED, 498×498
ChipSamsung Exynos W1000Qualcomm Snapdragon Wear Elite
Memory2 GB RAM / 64 GB2 GB RAM / 64 GB
Battery445 mAh800 mAh
ConnectivityLTE, eSIMLTE, eSIM
NavigationGPS, GLONASS, Galileo, BeiDou (L1 + L5)GPS, GLONASS, Galileo, BeiDou (L1 + L5)
NFCyesyes
Sensorsheart rate, SpO2, barometer, compass, gyroscope, temperatureheart rate, SpO2, barometer, compass, gyroscope, temperature
Protection5 ATM / IP68 / MIL-STD-810H10 ATM / IP69K / MIL-STD-810H / EN13319
OSWear OS 6Wear OS 7
CompatibilityAndroid 12+, Google Mobile ServicesAndroid 13+, Google Mobile Services
Dimensions, weight46.4×46.0×10.6 mm, 63.5 g47.4×47.1×10.7 mm, 61.5 g
Pricecurrent pricescurrent prices

Specs come from the device pages on Smartphone.ua.

Chips

Exynos W1000 vs Snapdragon Wear Elite.

Battery

445 vs 800 mAh.

Protection

5 ATM and IP68 vs 10 ATM, IP69K and EN13319.

Verdict: who should buy which

  • Hiking and battery life - Galaxy Watch Ultra2.
  • An everyday classic - Galaxy Watch8 Classic LTE.

FAQ

Do both have eSIM?
Yes.

How heavy are they?
63.5 and 61.5 g.

Which is cheaper?
The Watch8 Classic LTE.

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