A moderate priced dac


I borrowed a musical fidelity tri vista 21 dac from a friend and I was very impressed with the sound compared to my parasound p5 pre. This dac is over 10 years old. Has the technology changed enough that a moderately price dac can compete?Any suggestions?
audiomaze
Another nod for Schiit DACs, particularly Multibit models. I’ve owned each of their models from the bifrost and up. The tech in DACs progresses quickly, and these models offer modestly priced updates when available. Lots of reviews of their site are available. 
I picked up a used PS audio Nuwave dsd and it outperforms my old dacmagic with very little digital harshness. Still not quite analog like but very listenable. 
There are lots of great recommendations and I appreciate all but there is no answer to the question " Has the technology advanced enough to make a present day moderately priced dac superior or equal to the more expensive MF tri vista?"
I like the PS Audio nuwave dsd. I think they were about $1200US  when new. Now they are an obsolete model I understand. I bought a refurbished unit for $700 and am very impressed with it Performance and build quality wise it's a winner. Very robust and lively sounding. Sure one can spend heaps and get decernably better sound but it's all relative to system and your budget.