Update thanks to thethatfox:
Physical game cards may also not actually contain the game:
Nintendo Switch 2 Game-Key Card Overview
Game-key cards are different from regular game cards, because they don’t contain the full game data. Instead, the game-key card is your “key” to downloading the full game to your system via the internet.
Update 2: There is probably a difference in Game-key cards and card that contain real game data. So we don’t know right now how often these game-key cards are used or if nintendo is using them.
Makes sense
It would make sense if they lowered the digital price rather than raised the physical one.
Idk, the price of everything has gone up due to inflation and other factors, makes sense that games would too.
I’m not going to buy them at that price, but it makes sense