Akash Network ($AKT) has launched a chain refactor featuring a managed inference service, with a BME burn mechanism test scheduled in two weeks. Despite a strong AI compute narrative, $AKT's price has fallen from $0.56 to $0.44 over the past month, indicating fundamentals may be ahead of price action. Phala Network ($Phala) has completed its integration with NEAR, with plans for a Phala 2.0 Layer 2 transition. The network's partnership with zkVerify aims to reduce costs, and the upcoming Token Generation Event (TGE) is expected to introduce volatility. Meanwhile, $Flux has seen a decline in price from $0.098 to the $0.11 range, down 96% from its all-time high, as it faces competition from Z-Image in the AI art space. Elrond ($EGLD) launched Staking V5 with tail inflation, but ongoing governance issues have contributed to a price drop from $8.43 to $7.96.