This chemical is primarily used as a fluorescent dye in various biological and chemical research applications. Its strong fluorescence properties make it suitable for labeling and tracking molecules in cellular studies, particularly in membrane and lipid research. It is often employed in fluorescence microscopy to visualize cellular structures and dynamics. Additionally, it is utilized in flow cytometry for cell sorting and analysis due to its ability to bind to specific cellular components. The dye is also applied in photophysical studies to investigate energy transfer processes and molecular interactions. Its stability and bright emission make it a valuable tool in advanced imaging techniques and diagnostic assays.