Used as a fluorescent probe in bioimaging due to its strong photostability and high quantum yield. Its boron-containing heterocyclic structure enables tunable emission properties, making it suitable for cellular labeling and tracking biomolecules in live cells. Also employed in optoelectronic applications, such as organic light-emitting diodes (OLEDs), where it acts as an emissive dopant for efficient blue light emission. The compound’s stability under ambient conditions supports its integration into sensor materials for detecting environmental pH changes or specific analytes in solution.