Unsustainable financials and low fees generated by Lido on Solana were two of the main reasons for the sunsetting.
Source: https://cointelegraph.com/news/lido-finance-wind-down-solana-operations-after-low-fees
Solana wind down ‘deemed a necessity’ after low fees, says Lido Finance
October 17, 2023
CoinTelegraph