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/1511365325950005252The conditions of the market depends on the economic situation in the world. The price of cryptocurrency depends on demand in it.
Now adoption of digital assets grow and the demand in cryptocurrency increases.
Staking makes sense when cryptocurrency market rise and thanks staking it is possible to increase profit from investments.
But when cryptocurrency market falls the popularity of staking falls too.