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 a lot of projects use staking to attract more users. So coin holders have a big choice what coins to hold.
Holding takes a time. That is why it is important to evaluate the future potential of evey coin you hold to understand how profitable and useful it will be in the future.
Staking allows to earn passive income that is why it is so popular.
But now it is very dangerous time for all cryptocurrency projects because all market falls and staking becomes not so profitable.