<Vibrant Elegance> 
1. Lavender - 
                            
                            #8A5CF5
                         - A soft, muted purple that adds a touch of sophistication and calmness.
2. Coral Pink - 
                            
                            #EE5E69
                         - A warm and inviting coral that brings a lively yet gentle energy to the palette.
3. Teal - 
                            
                            #008080
                         - A vibrant teal that introduces a refreshing and energetic contrast, enhancing the palette's liveliness.
4. Lemon Yellow - 
                            
                            #F6EB61
                         - A cheerful yellow that adds brightness and warmth, complementing the existing colors beautifully.
5. Soft Peach - 
                            
                            #F4C2C8
                         - A gentle peach that ties the palette together, offering a warm undertone that harmonizes with the other colors.

The “Vibrant Elegance” color palette introduces a more colorful array while maintaining a sense of sophistication. The addition of teal, lemon yellow, and soft peach enhances the palette’s vibrancy and appeal.

Would you like to explore how to implement this palette in a specific project, or do you need variations of any particular colors?