TLDR Allo rides RWA momentum with user growth and strategic upgrades. Here are the latest updates:
- User Base Hits 60k (6 August 2025) – Platform adoption accelerates amid RWA sector growth.
- Website Revamp Boosts UX (6 August 2025) – Faster interface aligns with institutional-grade ambitions.
- alloBTC TVL Reaches $57M (11 August 2025) – Bitcoin/RWA product gains traction as yields attract capital.
Deep Dive
1. User Base Hits 60k (6 August 2025)
Overview:
Allo’s user count surpassed 60,000 in July 2025, doubling from 30,000 in June. This growth coincides with the token’s expansion to exchanges like Bitget, Gate, and LBank, and a 3% monthly TVL increase for its flagship alloBTC product ($51.56M → $53.34M).
What this means:
The surge reflects growing retail and institutional interest in tokenized assets, particularly Bitcoin-collateralized RWAs. However, competition intensifies as RWA tokenization projects now exceed 200 globally. (Allo)
2. Website Revamp Boosts UX (6 August 2025)
Overview:
Allo upgraded its platform with a faster interface and streamlined asset management tools, targeting institutional users. The redesign emphasizes real-time data for tokenized stocks and compliance features.
What this means:
Improved UX could help Allo capture more TradFi inflows, though adoption hinges on regulatory clarity. The move mirrors upgrades by rivals like Securitize and Centrifuge, which focus on institutional onboarding. (Allo)
3. alloBTC TVL Reaches $57M (11 August 2025)
Overview:
Allo’s Bitcoin-based RWA product hit $57.22M TVL, up 10% in a week. The product lets users earn yields by staking BTC to back tokenized assets, competing with platforms like Maple Finance and Ondo.
What this means:
Rising TVL signals confidence in Allo’s collateralization model, but sustainability depends on maintaining competitive APYs amid fluctuating Bitcoin volatility. (Allo)
Conclusion
Allo’s growth in users, TVL, and infrastructure positions it as a mid-tier contender in the $25B+ RWA sector. While bullish metrics align with broader institutional adoption trends, regulatory hurdles and scalability remain critical unknowns. Will Allo’s Bitcoin-centric approach outpace Ethereum-based rivals as RWAs mature?