A panel appears only when a threshold is reached and disappears when it is lower than the threshold

Our business has been greatly benefitted by the use of Grafana for proactive monitoring and alerts. As we are currently evolving our dashboard from a technical mindset to a business mindset. Wanted to know if it is possible in Grafana to display a panel only when a metric associated with it reaches a threshold, which will then disappear when the metric drops below that threshold.

Welcome to the Grafana forums.

I do not believe what you are describing is possible with Grafana.