This chemical is primarily used as a fluorescent dye in various scientific and industrial applications. It is commonly employed in biological research for staining and imaging purposes, particularly in fluorescence microscopy, where it helps visualize cellular structures and processes. The dye's ability to absorb and emit light in specific wavelengths makes it useful in studying membrane potential and ion transport in living cells. Additionally, it is utilized in the development of optical sensors and photodynamic therapy, where its light-sensitive properties are harnessed for targeted treatments. In material science, it finds application in the synthesis of organic semiconductors and light-emitting devices due to its conductive and luminescent characteristics. Its stability and fluorescence efficiency also make it a valuable component in dye lasers and other photonic technologies.