Sometimes it's specific to the application. As an example, yt-dlp is redistributed by Canonical, and they usually maintain stable packages, but their versions seem to lag like 6 months. This might be related to their desire for stability, or maybe just align to their release cycle. I don't know.
The issue is that yt-dlp needs to be updated more frequently because websites break their methods of downloading, so the version that follows the latest version seems to work better.

I don't think using PPA's is usually recommended, (like in the photo) so I think I would recommend flatpaks first if the developer of the application maintains one themselves. (and you want to follow later releases.) Though, the first time I had to use flatseal to fix an application, I felt like flathub was a failed platform.