Used as a fluorescent probe in biological imaging due to its strong emission properties in non-polar environments. It selectively accumulates in lipid-rich cellular regions, making it useful for visualizing cell membranes and lipid droplets. Also employed in the development of sensors for detecting microenvironment polarity changes in polymer systems and biomaterials. Shows potential in photodynamic therapy research owing to its light-induced activity and ability to generate reactive species under specific wavelengths.