Are these two the only option ?
My prediction is that we should be able to build prod-ready native desktop apps with it within a year or so
There are some "promising new up and comers", including libUI.
If you work in the audio software domain, JUCE is likely your go-to cross-platform toolkit.
I didn't have much luck with libui (crashes, missing features, etc), and various immediate mode alternatives just require too many dependencies and other work that made integration painful. Plus, Lua bindings for these were always stale. In fact, Lua binding quality is pretty poor all around, including GTK, Qt, WxWidgets, and FLTK.
Some other lightweight Electron-like alternatives also exist.