This chemical is primarily utilized as a fluorescent probe in biochemical and cellular studies due to its strong fluorescence properties. It is often employed in the detection and visualization of biological molecules and cellular processes, particularly in fluorescence microscopy and imaging techniques. Its ability to bind to specific targets or respond to environmental changes makes it valuable for studying molecular interactions, membrane dynamics, and intracellular signaling pathways. Additionally, it is used in the development of sensors for detecting metal ions or other analytes in analytical chemistry. Its photostability and sensitivity make it a reliable tool for both research and diagnostic applications.