The Ethereum Network is a decentralized platform that enables developers to build and deploy smart contracts and decentralized applications (dApps). It is powered by its native cryptocurrency called Ether (ETH) and uses blockchain technology to facilitate secure and transparent transactions without the need for intermediaries. Ethereum is known for its flexibility, allowing developers to create a wide range of applications such as decentralized finance (DeFi) platforms, non-fungible tokens (NFTs), and more.