Used extensively as a fluorescent probe in scientific research due to its strong emission properties and sensitivity to environmental changes. It is particularly valuable in studying solvent interactions, polarity, and viscosity in various chemical systems. Applied in the development of organic light-emitting diodes (OLEDs) and laser dyes, where its photostability and high quantum yield are advantageous. Also utilized in biochemistry for labeling and tracking molecules in cellular and molecular studies. Its ability to act as a sensor in microenvironments makes it a crucial tool in material science and analytical chemistry.