Verb (5-dan, る, intransitive)
1. to jump up; to spring up
勢いよく跳ね上がり、そのまま海へと飛び込んでいく。It springs up vigorously and dives straight into the sea.
2. to jump (market, price, etc.); to rise sharply; to skyrocket
そして今後、その価値はさらに跳ね上がる。And from now on, its value will skyrocket even further.
3. to act rashly; to jump the gun