If you didn't see the tree panels last year, many people quilted them and then put twinkle lights through button holes they had made in the wall hanging. Very pretty and different. Others quilted and used as is or my favorite added hot fix crystals to it. Any of those options can also be done with this panel. If I was making it I think I would cut the large snowflakes off top and bottom and make it more of a square wall hanging and then use larger snowflakes in a future project, maybe a table runner to match.
I also have a coordinating cranberry fabric for backing, binding or whatever.