Staking is very important for all the project because it allows to earn more passive income but the project but itself must be useful and bring something new to people like
https://twitter.com/ImmobiliumInc/status/1541555357524312065That is why it is important to carefully evaluate the potential of every project.
Passive income attracts a lot of people to the cryptocurrency industry. But to earn on passive income it is necessary to invest money in the projects that are necessary for people and will continue to be in demand.
Now staking is very propular because it allows to earn money. But staking popular only when cryptocurrency market rise but when cryptocurrency market falls the popularity of staking falls too.