Color interpolation allows for a user to bind an Animated.Value to color transitions.
I'll say that again it doesn't work with hex, it only works with rgb, rgba, hsl, and other numeric formats.
this._animatedValue.interpolate({ inputRange: [0, 150], outputRange: ["rgba(0,0,0,1)", "rgba(255,255,255,1)"], });
The code above will transition a color from black to white.