I don't believe that all Phals will eventually get a terminal spike. As to why it happens - might just be a cellular or genetic glitch of sorts.
"Terminal" does not equal deadly - Phals (being
monopodial Orchid Board - Most Complete Orchid Forum on the web ! - Glossary) can no longer grow from the crown after a terminal spike (terminal referring to termination of growth). They can still however start a new crown, and can still bloom from unbloomed leaf axils. I have a Phal that grew a terminal spike a couple of years ago - it has spiked twice since then, and has a new crown growing.
Terminal spikes are normal for many
sympodial Orchid Board - Most Complete Orchid Forum on the web ! - Glossary orchids (again, terminal referring to termination of growth) - Paphs and most Catt alliance come to mind.
I'm not aware of other monopodial orchids besides Phals that may be subject to terminal spikes - but I suppose it could be possible.