What paleontological observation led to the proposal of the theory of punctuated equilibrium?

Answer

The juxtaposition of long periods of stasis with rapid bursts of change associated with speciation.

Punctuated equilibrium posits that evolutionary change is concentrated in brief periods coinciding with speciation events, interspersed with long intervals where species morphology remains relatively unchanged (stasis).

What paleontological observation led to the proposal of the theory of punctuated equilibrium?
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