This chemical is widely used in the field of fluorescence imaging and microscopy due to its strong fluorescent properties. It serves as a vital dye for staining biological samples, enabling researchers to visualize cellular structures and processes with high precision. Additionally, it is employed in the study of membrane potential in living cells, as it can selectively accumulate in mitochondria, providing insights into cellular energy dynamics. Its application extends to photodynamic therapy, where it acts as a photosensitizer to target and destroy cancer cells upon exposure to light. The compound is also utilized in the development of organic light-emitting diodes (OLEDs) and other optoelectronic devices due to its excellent light-emitting characteristics.