This chemical is primarily used as a fluorescent dye in various biological and chemical applications. Its strong fluorescence properties make it suitable for use in fluorescence microscopy and staining techniques, where it helps in visualizing and tracking cellular components or processes. It is also employed in the development of fluorescent probes and sensors for detecting specific ions or molecules in analytical chemistry. Additionally, it serves as an intermediate in the synthesis of more complex organic compounds, particularly in the pharmaceutical and agrochemical industries. Its stability and unique optical characteristics make it valuable in research and industrial settings.