Used primarily in research settings as a fluorescent probe due to its strong emission properties when excited. Its structure allows for selective binding in hydrophobic environments, making it useful for studying membrane dynamics and protein interactions in live cells. Also employed in the development of sensors for detecting metal ions in solution, particularly zinc and copper, owing to its ability to undergo fluorescence enhancement upon coordination with these metals. Additionally, it serves as a building block in the synthesis of more complex imidazole-based compounds with potential biological activity.