A new paper by Apurva Oza et al has proposed the interesting idea that spectral features of sodium, previously attributed to the atmospheres of hot-Jupiter exoplanets, could actually be caused by volcanos on exo-moons orbiting the planets. The volcanos would produce a cloud of material surrounding the planet:

They suggest that WASP-49b might be the prime candidate for such a system. The idea has been discussed in a press release by the University of Bern. In our Solar System, Jupiter’s moon Io has continuous volcanic activity because of tidal stresses owing to the moon being close to Jupiter’s strong gravity. The authors produce an artist’s impression of how a volcanic exomoon might look:

All this is, of course, currently speculative, but the press release has led to widespread coverage of the idea, including by the International Business Times, Fox News, ZME Science, Sputnik News and other media outlets.