Here is a color palette designed for 5 statuses, focusing on soft and modern variations of standard colors while maintaining readability:

json
{
  "palette_name": "Modern Status Completion",
  "colors": [
    {
      "name": "Completed",
      "hex_code": "
                            
                            #A8D5BA
                        " // Soft green
    },
    {
      "name": "In Progress",
      "hex_code": "
                            
                            #F6E6B2
                        " // Soft yellow
    },
    {
      "name": "Pending",
      "hex_code": "
                            
                            #F2C6B6
                        " // Soft coral
    },
    {
      "name": "On Hold",
      "hex_code": "
                            
                            #D1B2E2
                        " // Soft lavender
    },
    {
      "name": "Canceled",
      "hex_code": "
                            
                            #F2B2B2
                        " // Soft red
    }
  ]
}

This palette uses muted tones to ensure they are easy on the eyes while still clearly indicating the different statuses.

Would you like to know more about how to apply these colors in your project or any specific design elements?