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 is profitable when cryptocurrency market rise but when market falls the price of staking falls too and the income from staking does not help.
Many people use staking because staking of profitable and allow to earn passive income.
But not all staking projects are profitable and it is important to carefully choose the projects for staking.