This chemical is widely used as a fluorescent dye in various biological and chemical research applications. Its strong fluorescence properties make it ideal for labeling and tracking molecules in cellular imaging studies. It is particularly useful in fluorescence microscopy to visualize intracellular processes and structures. Additionally, it serves as a probe in biochemical assays to study enzyme activities and interactions due to its sensitivity to environmental changes. The compound is also employed in the development of sensors for detecting specific ions or molecules in analytical chemistry. Its stability and distinct fluorescence make it a valuable tool in both academic and industrial research settings.