"Way up" means very high in position or by a large amount in degree. It intensifies "up" to show great height or a sharp increase. Used for places, numbers, prices, or settings.
The way up and the way down are one and the same. Heraclitus
Always be nice to people on the way up because you'll meet the same people on the way down. Wilson Mizner
How many women does one need to sing the scale of love all the way up and down? Georg Büchner
The king lives way up where the stench of the poor cannot reach him. Zambian Proverb
Cream doesn't rise to the top, it works its way up. Dutch Proverb
Never drop the friends you made on the way up. You may need them on the way down. American Proverb