Used extensively as a fluorescent dye in biological staining and imaging, it helps in visualizing cellular structures and processes under a microscope. Its application is crucial in fluorescence microscopy for studying live cells and tissues due to its strong fluorescence properties. Additionally, it is employed in the development of optical sensors, where it acts as a sensitive probe for detecting various chemical species. The compound is also utilized in the synthesis of advanced materials, particularly those requiring luminescent characteristics for optoelectronic devices. Its role in research and diagnostic tools underscores its importance in both scientific and medical fields.