This chemical is widely used in the field of supramolecular chemistry due to its unique ability to form host-guest complexes. Its sulfonate groups enhance water solubility, making it effective in aqueous environments. It is commonly employed in molecular recognition studies, where it selectively binds to specific guest molecules, such as organic cations or metal ions. This property is utilized in sensor development for detecting and analyzing various substances. Additionally, it plays a role in drug delivery systems, where it can encapsulate and release therapeutic agents in a controlled manner. Its applications also extend to environmental science, where it aids in the removal of pollutants from water through complexation and extraction processes.