Used primarily as a fluorescent probe in biochemical and analytical applications, this compound exhibits strong fluorescence properties that make it suitable for labeling biomolecules such as proteins and nucleic acids. Its high photostability and quantum yield allow for sensitive detection in imaging techniques, including fluorescence microscopy and flow cytometry. It is also employed in the development of sensors for monitoring environmental pollutants due to its selective response to specific ions or organic molecules. Additionally, its structural characteristics support use in studying molecular interactions and binding dynamics in solution.