1. rising or increasing rapidly to a high level
2. flying high in the air without flapping wings

1. present participle of soar: to fly high in the air or rise rapidly

Examples

• The eagle was soaring high above the mountains.
• Gas prices are soaring this summer.
• Her confidence was soaring after the successful presentation.
• The airplane went soaring through the clouds.
• Housing costs have been soaring in the city.
• The bird spent hours soaring on the warm air currents.
• Stock prices are soaring after the announcement.