Widely used as a fluorescent dye in biological imaging and diagnostics due to its strong fluorescence and photostability. It is employed in the detection of metal ions and small molecules in analytical chemistry. In material science, it serves as a key component in organic light-emitting diodes (OLEDs) and solar cells for its electron-transporting properties. Additionally, it finds application in the development of chemosensors for environmental monitoring and in the synthesis of pharmaceuticals for its bioactive potential.