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It does support high resolution bit rates but not DSD. Alac is only 96/24, wav, Flac & Aiff 192/24.
People often run into problems with their wifi once you get up to 96/24. If you have a decent router it should be able to handle multiple streams otherwise as soon as you have phones and stuff around they can cause dropouts.
https://petertyson.co.uk/yamaha-wxad-10-wireless-streaming-adaptor
Does anyome know if this will let me listen to the high bit tidal over WiFi?