Now staking is very popular because it requires to earn more income. Especially staking popular when market rise. But a lot of depends on the projects. Now appear a lot of projects that offer many useful things and products like this
https://twitter.com/InpulseX_io/status/1511365325950005252Staking offers many opportunities to earn money. That is why staking now so popular and in demand because it attract a lot of attention of potential users.
Many project uses staking to attract more users and get their loyality.
The ability to get passive income thanks staking attract a lot of users.
Its not always about making money, staking also requires good timing because you can also experience the same problem with OP if you didn’t take time to analyze before staking. This is the result of volatility, the token you stake are still vulnerable so there’s still no guaranteed profit here, you just have to be more patient when you do staking to see good results.