If you find yourself bottlenecked on IO performance, OrbStack is the best. Also a fan of the fact that it has a very similar VM function to WSL2. Also supports using either Rosetta or Qemu for emulation of Intel architecture, and has some kind of Kubernetes integration that I didn't try.
Last I tried Podman Desktop, it was OK, but had worse performance than Docker and was a little rougher around the edges. Still, not bad.
Colima is probably fine, but I had issues that were showstoppers for me. Trying to get it to consistently start up correctly in a CI environment seemed oddly challenging, and it doesn't seem to support IPv6 at all. YMMV.
I did evals of most of the popular ones for my company and my opinion is OrbStack is best performance and most reliable. The Kubernetes integration is also very nice and resetting it takes about ~10s in case you get in a pickle.
OrbStack has been great. I'm not affiliated with them but a happy customer. They've had issues where an update broke them in very _weird_ ways, but I've been very impressed with their support engineers on this.
I've even had a situation where the support engineer jumped on a call with me to see the repro as it was a very specific/hard to share a simple repro situation.
Big fan of colima. It's pretty fast (in some cases not on parity with Orbstack), but it's free and doesn't have annoying Electron GUI or any crap like that.
Orbstack would be my next choice, but costs money for comercial user and my employer is a tight arse.
Which one do folks like best?