In a blender add cherries, water, cane sugar, lime zest, balsamic vinegar, and half of the lime juice. Blend until smooth and strain through a fine mesh strainer.
Add ice to a pitcher and glasses. Next add the remaining lime juice to the cherry mixture and stir, and then pour into the pitcher or individual glasses. Top with water or the cherry limeade soda. Optional garnish with lime slices and cherries. Enjoy!
