Used as a fluorescent probe in biochemical assays due to its strong emission properties. Acts as a scaffold in the synthesis of flavonoid derivatives with antioxidant and anti-inflammatory activities. Employed in studies related to metal ion detection, especially aluminum and zinc, in environmental and biological samples. Shows potential in pharmaceutical research for developing compounds with neuroprotective effects. Also utilized in the development of organic light-emitting diodes (OLEDs) as a luminescent material.