Short answer, yes it does.....greatly.
I started with a Node 130 into a Denafrips Pontus II using several different connections, and thought it sounded great.....but this was my first steaming set up. Added a Denafrips Iris DDC at the recommendation of Alvin Chee at Vinshine and I2S cables (Audioquest Vodka (better at $500) and Supra Excalibur (a deal at $150). This was a huge leap in SQ. Later added an LHY linear power supply $279, which upped the anti as well, and the sound is something I could (and do currently do) live with for quite a while.
Here's the rub: I was silly enough to borrow an Aurender N10 and a N200 streamer, and they were stupid good. I am now saving the $6,000 for an Aurender/Lumin/Innuous, at which point I'll sell the Node set up. Once I heard the SQ improvement, I cannot "unhear" it.....it's only money after all