Used as a fluorescent probe in biochemical and materials science research due to its strong blue fluorescence and ability to form stable complexes with metal ions. Its extended aromatic structure makes it suitable for studying π-π stacking interactions in supramolecular chemistry. Also investigated as a building block for organic semiconductors and in the development of luminescent sensors. The hydroxyl groups allow for functionalization, enabling integration into polymers or surface coatings for optoelectronic devices. Hydration enhances solubility in polar solvents, facilitating its use in aqueous-based assays.