Quiz: What is the significance of the island’s ‘caldera’ in terms May 31, 2025 by Elena Skye What is the significance of the island’s ‘caldera’ in terms of its geological features? Discover more about Santorini Travel at our home page. A) It is a large volcanic crater formed by a major eruption, creating the island’s unique landscape. B) It is a freshwater lake that supplies water to the island’s inhabitants. C) It is a coastal sand dune that protects the island from erosion. D) It is a coral reef that supports diverse marine life around the island. Submit Answer