This chemical is primarily utilized as a fluorescent probe in various biochemical and analytical applications. Its strong fluorescent properties make it highly effective for labeling and tracking molecules in biological systems. It is often employed in fluorescence microscopy to visualize cellular structures and processes, providing insights into cell dynamics and interactions. Additionally, it is used in the development of sensors for detecting specific ions or molecules due to its ability to exhibit changes in fluorescence upon binding. Its application extends to material science, where it is incorporated into polymers or coatings to impart fluorescent characteristics for identification or tracking purposes.