What is the meaning of Sparkling?

present participle and gerund of sparkle

Of an object, reflecting light as if giving off tiny sparks or flashes of light.

Of a beverage, especially an alcoholic beverage, containing dissolved carbon dioxide (either naturally or that has been added) that comes out of solution in the form of many tiny bubbles.

Brilliant and vivacious.

Act or appearance of something that sparkles; a sparkle; a gleam.

A sparkling wine.

Source: wiktionary.org