The Node offers the best in terms of streaming options for the price. If you need those options, then consider a 'better' DAC to replace the Node's DAC.
If you want high rez playback, like Tidal/Qobuz, then Aurrender, Innuos, etc. will be ones to consider, albeit at a higher cost.
My recommendation for your friend-
Get the Node, and buy a used Ayre Codex. It will be a little over his budget, but should be a very capable combo that will allow him to upgrade without spending much more, should he desire.
Bob