LM10 is widely used in advanced material synthesis, particularly in the development of luminescent sensors and optoelectronic devices. Its unique photophysical properties make it suitable for detecting trace environmental pollutants such as heavy metal ions and volatile organic compounds. It is also employed in bioimaging applications due to its high quantum yield and photostability, allowing for prolonged cellular observation without signal degradation. In industrial settings, LM10 serves as a dopant in light-emitting layers of organic LEDs (OLEDs), enhancing device efficiency and color purity. Additionally, it plays a role in photocatalytic systems where it acts as a sensitizer, improving the absorption and conversion of light in energy applications.