Used primarily as a fluorescent dye in various scientific applications, this compound is valued for its ability to emit bright blue light under ultraviolet (UV) radiation. It is commonly employed in the field of organic electronics, particularly in the development of organic light-emitting diodes (OLEDs) due to its efficient luminescence and stability. Additionally, it serves as a key component in research involving fluorescence spectroscopy, where it helps in studying molecular interactions and energy transfer processes. Its unique optical properties also make it useful in the creation of sensors and imaging agents for biological and chemical detection.