01 -
Measure 1 cup each of reserved pineapple and cherry juices. Add water if needed to total 2 cups of liquid.
02 -
Bring the juice mixture to a low boil over medium-high heat, then remove from heat and transfer to a heat-safe bowl.
03 -
Stir cherry gelatin packets into the hot juice until fully dissolved.
04 -
Gradually stir in Coca Cola. Cover and refrigerate for 30 minutes until mixture reaches a syrupy consistency.
05 -
Remove plastic wrap, then fold in crushed pineapple, cherries, and chopped walnuts evenly.
06 -
Transfer the mixture into a 3-quart footed trifle bowl or serving container, cover tightly, and refrigerate for at least 4 hours or overnight until firm.
07 -
Beat softened cream cheese until smooth, then mix in thawed whipped topping until well combined.
08 -
Spread the cream mixture over the set gelatin and decorate with maraschino cherries. Keep refrigerated until serving.