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/1511365325950005252Now many projects use staking to allow their users to earn passive income.
Staking allow to earn money and unite the community around the project.
Staking is profitable when cryptocurrency market rise but when market falls the price of staking falls too and the income from staking does not help.