Widely used as a fluorescent probe in biological imaging due to its strong emission properties, making it valuable for studying cellular processes and molecular interactions. It is also employed in the development of organic light-emitting diodes (OLEDs) for its efficient light emission characteristics. Additionally, it serves as a key intermediate in the synthesis of various heterocyclic compounds, which are important in pharmaceutical and material science research. Its stability and unique optical properties make it a candidate for use in sensors and optoelectronic devices.