Things that are bubbly or carbonated are effervescent — and both words come from a Latin root, effervescere, "to boil up or boil over," combining ex, "out," and fervescere, "begin to boil." 

The earliest known use of the word "effervescent" was in the late 1600s. The earliest evidence of the word in print is from 1684 in Guide to Practical Physician by T. Bonet. 

1 hour ago, drpaladin said:

Most often effervescent is used to describe liquids producing bubbles, so it leads me to thoughts of champagne or Alka-Seltzer.  Pop pop fizz fizz.

Alka-Seltzer featuring their iconic jingle, "Plop, plop, fizz, fizz..." "Oh, what a relief it is.