To fly high with little effort, like a bird.
To mount upward on wings, or as on wings.
To remain aloft by means of a glider or other unpowered aircraft.
To rise, especially rapidly or unusually high.
The pump prices soared into new heights as the strike continued.
To rise in thought, spirits, or imagination; to be exalted in mood.
The act of mounting on the wing, or of towering in thought or mind; intellectual flight.
(sometimes figurative) assurgent, ascending
Soaring fuel prices make U.S. energy policy one of the hottest issues of the presidential campaign https//web.archive.org/web/20090207211354/http://www.pittsburghlive.com/x/pittsburghtrib/news/election/s_574218.html.