
There is some debate currently as to what has caused this cloud formation. It is not impossible for volcanic activity to occur on Mars. Most people are looking for other explanations.
Sometimes when Mars air has a high amount of water vapour or dense co2 and a strong wind pushes this air up into much colder air very quickly. This causes the vapour to condense and crystalise into ices, creating a cloud.
Maybe we will find out what this was for sure in a few weeks or maybe it will remain a mystery for some time.