Yeah it could be just the fact that you can hear the notes for longer at higher volumes. (see also
https://en.wikipedia.org/wiki/Fletcher–Munson_curves). Every amp in the world sounds better turned up to some degree (even modellers, profilers and other amps without valves in them) because of the fletcher-munson 'effect'. Louder volume means you can hear the bass and trebles better.
The other thing that can happen is that the speaker is perturbing the strings, causing positive feedback and hence sustain.