A novel photoresponsive, water‐soluble supramolecular dendronized polymer (SDP) is prepared through a γ ‐cyclodextrin (γ ‐CD)‐coumarin host–guest interaction. The supramolecular formation, photoresponsive process, and fluorescence properties are investigated by nuclear magnetic resonance (NMR) techniques and spectrometric measurements. Upon different‐wavelength light irradiation, this supramolecular polymer undergoes noncovalent polymer and covalent polymer conversion due to coumarin cycloaddition and cleavage reactions. In addition, SDP for bioimaging in Michigan Cancer Foundation‐7 (MCF‐7) cells is performed and results show that the obtained SDP has good biocompatibility and is lysosome‐targetable. This research enriches the field of supramolecular dendrimers and the photo‐stimulation response material may have application prospects in organelle‐targeting applications.