Many of you have been waiting for a port of the live wallpaper from the upcoming Xperia Z3+/Z4. Well it is now here, although as with most other ports you will need root access on your handset. The video below shows the new live wallpaper in action.
The flashable zip is provided below and you will need Superuser Mod for the first link. The second link does not need Superuser Mod (simply move to System/Apps with the correct permissions reboot). However, just to clarify, you need to be on Android Lollipop and root is required for both versions to install successfully (only install if you know what you are doing).
Update: There is a way to get this working on Android KitKat too, see here. [Thanks Sergio!]