There currently no "in-between" materials. B-55 is still polyester ("dacron"), just a higher grade so it has a little less stretch and creep.
Currently we have 3 basic types of string materials (not counting exceptions like silk, linen, sinew, stinging nettle, etc.).
1. Polyester - B-55 or B-50
2. High Modulus Polyethylene (HMPE) Dyneema and Spectra are two well known brands of HMPE, or UHMWPE (Ultra High Molecular Weight Polyethylene). Dynaflight '97, 8125, Mercury, etc.
3. HMPE and LCP (Liquid Crystal Polymer) blends. Well known LCP brands are Vectran and Kevlar. 450+, 452X, Trophy, BCY-X
You can add strands of dacron to a "Fast Flight" string, but be sure to use enough strands of the stronger material to carry the load. The dacron is just a built in silencer that adds weight and helps dampen vibration. It's not doing much of anything as far as carrying the load due to it stretching so much more.
How much benefit you notice with the HMPE or HMPE/LCP blends depends on a few variables...the bow, your skill/sensitivity level, how well the string is made, etc. The big difference is durability and consistency, especially in hot weather.
A little bit of string material trivia. The difference in Dynaflight '97 (SK75 Dyneema) and Dynaflight 10 (SK78 Dyneema) is tiny...to the point you can mix the two in the same string with no ill effects. I don't know of any other two string materials you can do this with. The founders of BCY (Ray Browne and Bob Destin) invented the original Fast Flight material when they worked for Brownell. The original Fast Flight material is only available through BCY, but it's called 652 Spectra because Brownell owns the name "Fast Flight". Brownell can't get the original material so they made a copy from a diffrerent material and call it "Fast Flight Plus". Brownell cannot produce a material similar to BCY-X, because BCY-X is patented. Materials like BCY's 8190 and Brownell's Fury will no longer be available once the current supply of SK90 Dyneema runs out. The manufacturer of Dyneema, DSM, discontinued it in favor of SK99 Dyneema. BCY-X is being re-formulated to incorporate SK99 Dyneema and will be introduced to the public at the 2018 ATA show. Despite rumors and certain "test" results, none of the HMPE materials have any degree of elasticity. The claim that this or that HMPE material has a higher percentage of stretch is comparable to saying a hair and a half weighs 50% more than a hair. Technically true, but still so tiny a difference that it's insignificant. The difference is creep, which is elongation that happens under a constant load over a prolonged period of time...it doesn't happen at the shot.
I love this stuff...if you have questions about strings or string materials, feel free to contact me.
Chad