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.
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.
Staking very popular and in demand when cryptocurrency market rise. During the rise of the market many people earn more income for staking but whey cryptocurrency market falls many people stop staking and sell their assets.