**Abstract Art Color Palette**

1. **Electric Blue**  
   - **Hex Code:** 
                            
                            #007BFF
                          
   - **Description:** A vibrant and striking shade that evokes energy and creativity, perfect for adding a dynamic element to your abstract compositions.

2. **Coral Pink**  
   - **Hex Code:** 
                            
                            #FF6F61
                          
   - **Description:** A warm and inviting hue that adds a touch of softness, contrasting beautifully with cooler tones to create depth in artwork.

3. **Sunset Orange**  
   - **Hex Code:** 
                            
                            #FF8C00
                          
   - **Description:** A bold and fiery orange that stimulates enthusiasm and excitement, ideal for creating focal points in abstract designs.

4. **Lime Green**  
   - **Hex Code:** 
                            
                            #32CD32
                          
   - **Description:** A fresh and vibrant green that brings a sense of nature and renewal, contributing a lively contrast against darker colors.

5. **Deep Purple**  
   - **Hex Code:** 
                            
                            #6A0DAD
                          
   - **Description:** A rich and sophisticated shade that adds a sense of mystery and luxury, perfect for grounding the brighter colors in the palette.

6. **Soft Lavender**  
   - **Hex Code:** 
                            
                            #E6E6FA
                          
   - **Description:** A gentle and calming shade that balances the intensity of the other colors, providing a serene backdrop that enhances the overall composition.

**Palette Summary:**  
This abstract art palette combines vibrant and bold colors with softer, calming shades to create a dynamic yet harmonious collection. The interplay of these colors encourages creativity and expression, making it ideal for abstract artwork that aims to evoke emotion and intrigue.