Used as a fluorescent probe in biological imaging due to its strong emission properties in lipid environments. It selectively accumulates in cellular membranes, making it useful for visualizing membrane dynamics and lipid bilayer structures. Also employed in the development of sensors for detecting environmental pollutants due to its sensitivity to polarity changes. Shows potential in optoelectronic applications, such as organic light-emitting diodes (OLEDs), because of its thermal stability and efficient light emission.