Why was Amerigo Vespucci bestowed the honor of having his name be the origin for the naming of the New World “America”

Perhaps Vespucci's most important contribution, however, was his realization that the continent he was exploring was not Asia. It was, in fact, a continent previously unknown to most Europeans. Eventually the continents of the western hemisphere became known as North and South America – named after Amerigo Vespucci.

Explanation:

He was praised for finding land beyond the current European frontier. This land was America and not Asia which was previously what people thought.