Fantastic testing framework with good documentation and community. It only lacks support for Safari (but it's in the works behind an experimental flag).
After using Cypress.io for 3 months, I can confidently say it's one of the best tools for frontend testing. Debugging is made easy with its ability to visually walk through tests step by step, which has saved me countless hours. The automatic waiting for elements has reduced flakiness in tests, making them more reliable. However, I’ve found it less suited for backend testing, so it’s primarily a UI testing solution. I’s been a great addition to my toolkit.
Cypress is great for quickly getting started with test automation -- especially if you're a front end developer. Reporting tools are lacking unless you subscribe to the excellent cypress.io services.
Lots of people are shifting to Playwright which has a consistent async/await interface which is easier to understand that Cypress's hybrid sync/async model where you often fall back to using JQuery.
Both suffer from the challenge of tying you to a runner where you end up trying to shoehorn steps that are not UI automation (like API setup and validation) into a framework that is not meant for it.