Personally, I think the fondant you used was old. This happened to me once and made my cake a nightmare. I bought it on sale.....after I was done decorating my sad cake I dug the box out of the trash (I usually make my own MMF) but like I said, this was on sale..and sure enough it had expired a month ago! I did not notice anything wrong with it when I kneaded it or rolled it out ( I use the mat so no air could get to it) but when I transfered it onto the cake, it got hard almost instantly! I couldn't work it, smooth it or even get it to stick on wet buttercream! When I finally managed to get it down decently, I walked away from it, came back an hour later and it was hard enough to make a sound when you tapped on it..I had to throw it out...
I'm sorry this happened to your cake...it was really pretty.