Space

I could be wrong, but I don't think so in this case. Water would likely create more variation in banding where some groupings of layers is present and distinct. What I see in the differences at higher levels appears to be from exposure to wind and solar temperature fluctuations due to exposure. It looks too linear from top to bottom. With water I expect those more distinct sections of banding like you see on the Earth pic side. Maybe there was a lot more or less rain for a time due to a mountain range that came and went, or a local sea or large water basin. Those layers are deep time and more like the slow accumulation of an average dust before wind patterns shift significantly or some event shifts the composition like exposure of a different large rock unit to winds regionally. It is hard for humans to grasp deep time like this.