Makes sense to me. Most people probably don't want the hassle of having to upgrade a non lts release. I'm still on 22.04 on the machine I use for work.
I have considered using one because a few bugs or missing features I encounter are caused by older versions of a software (e.g. old version of imagemagick not supporting animated AVIF) and I want to stick to the stable official packages instead of custom builds or PPAs. But I remain on LTS.