For audio, only LDAC matters at the moment and when using at least the 660Kbps option. However, as stated before, LDAC mostly falls back to 330Kbps in which case aptX-HD is better (lower noise floor, better upper frequency extension). You have to
force the 990Kbps option in Android's dev settings but then the connection becomes more sensitive to interference.
Panda on the receiving end shouldn't have much trouble but the smartphone/dap on the other end is the limiting factor (antennae implementation, chipset used, bluetooth software stack etc).
Here are some useful links on the matter:
https://www.soundguys.com/understanding-bluetooth-codecs-15352/
https://www.soundguys.com/ldac-ultimate-bluetooth-guide-20026/
The best we can get with bluetooth right now is (almost) "CD quality"